India to be fastest growing economy in 2-3 years: Mukesh Ambani

Indian economy is all set to emerge as the world’s fastest growing economy in the coming 2-3 years, according to a PTI report, citing a strong statement made from corporate honcho Mukesh Ambani during an event organised by Brown University.

 

Reliance Industries Chairman, Mukesh Ambani told PTI: "We will be the fastest growing economy in the world in the next 2-3 years. We will exceed China's growth rate in next 2-3 years. We will be the fastest growing economy in the world in 2016-2017 and 2017-2018.”

 

"I think the people of India have spoken after 30 years. I have in business for now alomst 30-35 years and we have got a majority (government) now. I have been saying this consistently that 2014 is a lucky year for India," Ambani added further.

 

Giving an example of the recent fall in the crude oil prices, Ambani said, "We are now on the horizon of $60-70, that is really a gift.... If this continues for two years, it's a gift".