India to grow at 9.1% in 2022 on the back of significant catch-up potential: Goldman Sachs

Global brokerage giant Goldman Sachs sees India growing at 9.1 per cent in calendar year 2022 from 8 per cent in the current year. The brokerage added that it is optimistic about India given its significant catch-up potential after the pandemic pummelled the economy.

India is witnessing a strong economic rebound with almost all the high frequency indicators in green and looking up. The second quarter growth numbers will be released later this month and are expected to confirm India's robust economic rebound.

India's economy recorded a comeback in the first quarter growing at 20.1 per cent. The double digit growth was on the back of a low base as the economy had contracted by 7 per cent in last fiscal.


An SBI research report recently pegged India's growth to be in the range of 9.3-9.6% in the current fiscal.