Exports Have Been A Key Driver For India’s Post-Pandemic Growth: Pranjul Bhandari

At India Today Conclave, 2022, Pranjul Bhandari, Managing Director, Chief India Economist, Asean economist, HSBC, said, “We have done well in the last two quarters directing the post-pandemic growth, but the next few quarters are going to be tricky.” Pranjul further added that exports have been a key driver for India’s post-pandemic growth but they are now likely to decline, hurting our GDP. “But due to the inflation, spending will stop and the pent-up demand will run its course and will slow down our growth. We are not forecasting a synchronized recession globally, but a partial recession is possible over the next year," Bhandari said.