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Article: India's growth story intact: New CII president

Article from:
The Hindustan Times
Article date:
May 1, 2008
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Report from Indo-Asian News Service brought to you by HT Syndication.

New Delhi, May 1 -- India's growth story is intact and the economy will expand by 8.5-9 percent in the current fiscal, driven by a strong corporate performance, says an optimistic K.V. Kamath, the new president of the Confederation of Indian Industry (CII).

"In the past three weeks there is, indeed, a renewed optimism on India's economic outlook. The strong corporate performance for the fourth quarter of last fiscal, which we are witnessing, is a valid reason for my assessment," he said after taking charge of the chamber Thursday.

"My outlook has changed in the past three weeks. I am now driven by optimism and would say ...

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