CII expects Indian economy to grow at 7.3-7.7 percent in 2018-19
Updated : May 31, 2018 08:49 AM IST
Strong rural consumption is reflected in sectors such as consumer non-durables, two-wheelers and tractors.
The industry body credited the growth trend on prudent macroeconomic management.
CII said that introduction of fixed term employment across sectors "will impart flexibility to the use of labour".
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more