Nomura expects India to be the fastest-growing Asian economy in FY21

The Japanese research and brokerage house Nomura has predicted India to be the fastest-growing Asian economy in 2021.
Nomura has approximated the gross domestic product (GDP) growth of India for the calendar year 2021 (CY21) at 9.9%. For the calendar year 2020 (CY20), Nomura expects GDP growth at -7.1 percent.