NEW DELHI, Nov 7: The GST rate rejig has led to improved customer sentiment and an increase in consumption, which would lead to enhanced investments in the private sector to spruce up production capacities, Mahindra Group CEO and MD Anish Shah said on Friday. Speaking at the CNBC-TV18 Global Leadership Summit, Shah stated that the Indian economy is firing on all cylinders and has the potential to grow by 8-10 per cent over the next 20 years. “The recent GST cut was a huge one in changing the sentiment, and that change in sentiment is what we are seeing in translating to some of the numbers and that will result in greater investments across the private sector. “And we do feel that a number of industries and companies are getting above the 80 per cent capacity utilisation mark, and t
GST rejig to help spur investments across private sector, Mahindra group CEO & MD
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