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CAD to be higher in FY'25 on higher domestic demand and global prices

By Economic Times - 3 months ago
India's economy has been growing at an average of 8 percent for the last three years at a time when major advanced economies are seeing a slowdown in growth. Though not the entire growth over the period is consumption driven, of late consumption demand is seen picking up and a sizable portion of this demand is met through imports either through import of the product or raw materials.

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