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The Economic Times
The Economic Times
Business

CRISIL's Dharmakirti Joshi gives India a 7 out of 10 on growth durability; says private capex has the money but not the will

Dharmakirti Joshi sees India's long-term trajectory intact but warns that corporate India is sitting on strong balance sheets without deploying them, and energy prices are the one number he is watching most closely.

India's growth story is real, durable, and consistently underappreciated, but it is also running on one engine when it should be running on two. That was the core message from Dharmakirti Joshi, Chief Economist at CRISIL, an S&P Global Company, speaking at the ET Alpha Wealth Summit's panel on India's economic durability.

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