India is expected to witness strong economic growth in 2019, says CII

Despite 2018 being filled with external vulnerabilities, India outshined as the world's fastest growing major economy

The country is expected to witness strong economic growth in 2019, after it emerged as the fastest growing major world economy this year despite growing global vulnerabilities, industry body Confederation of Indian Industry (CII) said on Sunday.
 
The positive outlook is buttressed by strong drivers emanating from services sector and better demand conditions arising out of poll spend, with the general elections slated next year, according to the chamber.
 
"Better demand conditions, settled GST implementation, capacity expansion from growing investments in infrastructure, continuing positive effects of reform policies and improved credit offtake especially in the services sector at