The Indian economy is poised for a repeat performance of growth last seen between 2003 and 2010 led by corporate deleveraging and profitability, lower bad assets and demand for housing, Jefferies said.
India's economic growth averaged 8.5% to 9% between 2003 and 2010, up from the 5.5%-to-6% average before that.
The US brokerage analysed six key components of the economic cycle: Demand for housing, drop in bank NPAs, corporate profitability, interest rates, corporate leverage an ..
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