
At the World Economic Forum Annual Meeting in Davos, Business Today TV speaks with Nadir Godrej, Chairperson of Godrej Industries Group, on India’s growth outlook. Godrej says India’s growth story has stayed resilient despite COVID, supply shocks and global conflict. He believes growth in 2026 and beyond will be driven by continued reforms and tax cuts, which have already helped boost consumption and economic momentum. GST reductions were particularly important, and he expects further tax relief in the next budget. Godrej adds that if tax cuts expand the economy without reducing revenue, the deficit-to-GDP ratio will fall even if deficit levels remain.