GDP growth at 7.5% plus a healthy sign for economy: CII president

Noting that impact of sustained structural reforms is now being felt on the ground, CII president Rakesh Bharti Mittal today said GDP growth at 7.5 per cent plus was a very healthy and positive sign for Indian economy.

"I am very happy that in the last quarter, GDP growth at 7.5 per cent plus is a very healthy and very positive sign for Indian economy. The trends and signals (of the economy) are on the recovery path," Mittal said in a media interaction here.

"If you look at IMF, World Bank and other multi-lateral agencies including CII's own projection, we are looking at GDP growth of 7.3-7.7 per cent in 2018-19. So, USD 2.6 trillion economy growing at that rate .. If we are going to grow at a healthy rate of 8-9 per cent year-on-year in future years, then by 2030, we are looking at India becoming a 10 trillion economy."