CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reforms
- Posted on June 23, 2026
- By Business News Today
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- 1 min read
CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reforms
India's economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures. The new CII president, R Mukundan, advocates for a GST Council-like body to drive crucial reforms across sectors like agriculture and land. He also emphasized strategic technology infusion from China, particularly in battery storage, and expanding production-linked incentives for local manufacturing.
