Published Jul 20, 2024 at 9:28 PM IST
Nation Wants To Grow: Boosting India's rural economy: Sudhir Sitapati's vision for Budget2024
Sudhir Sitapati, Managing Director and CEO of Godrej Consumer Products in an exclusive conversation with Republic Business “Nation Wants to Grow” highlighted the need for Budget 2024 to focus on enhancing domestic consumption, particularly within India's rural economy. Sitapati highlighted that while India's GDP grew by about 8% last year, domestic consumption lagged at only 4%. This disparity, he suggests, is indicative of slower growth at the bottom of the economic pyramid, which poses challenges for the overall economic health of the country.