India is in a relative 'bright spot' in the world economy, but needs to leverage its existing strength in services exports and extend it to job-rich manufacturing exports, a top official at the International Monetary Fund (IMF) said on Friday.
Labourers unload rice bags from a supply truck at India's main rice port at Kakinada Anchorage in the southern state of Andhra Pradesh, India, September 2, 2021. REUTERS/Rajendra Jadhav
"India is a relative bright spot in the world economy today, growing at rates significantly above its peer average," IMF Deputy Managing Director Antoinette Sayeh said at an event in New Delhi.
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