India, China and Others to Grow Sharply : PwC

Emerging market economies like China and India, which have been growing much faster than the US, Europe and Japan, are expected to witness even sharper jump in the coming years, says a PwC report.

Key markets showing positive growth also include Indonesia, Turkey , Poland, Egypt and Bangladesh. Besides, Iran too is expected to witness a steep jump in growth following the easing of economic sanctions. The report said that from this year onwards, growth markets including India are expected to see the dawn of a new era and despite the recent turbulence, these markets will still account for the majority share of global growth over the next five years.

Regarding India, the report said that policy reforms are leading the way for growth momentum. 

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