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Date: 02/05/2025

India seen having highest growth potential

India has the highest growth potential today, similar to China in 1984, said billionaire investor and founder of Bridgewater Associates, Ray Dalio. He said that India’s reforms, development and creativity make it a key rising power. He said there are three epicentres of rapid growth and transformation today. First, Asia, particularly Southeast Asia, with Singapore as a central hub and countries like Indonesia, the Philippines and Vietnam showing great potential. Second, the Middle East, especially the Gulf countries, where significant wealth and investment are turning the region into a talent magnet. Third, India, which presents a unique model of development that blends elements of corporate-style decision-making with a distinctive governance structure, differing from a more traditional democratic or autocratic system, said a report.
 
Source: Exim News Service: New York, May 1



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