Year-end Roundup and Outlook 2023
Suvishesh Valsan • 29/12/2022
For 2023, a growth rate of 6.1% has been forecasted by the RBI by taking into consideration the recessionary scenario in the West. Despite these headwinds, India continues to remain the fastest-growing major economy. A key impediment for growth was the high inflation rate that is appearing to taper down in the coming months.
In the Outlook 2023 – Year End Round Up we look at the office, residential, retail, industrial and warehousing, data centers, and investments sectors, with a focus on the year that was and the year to look forward to.
Read the report here.
India is committed to reducing its carbon intensity by 45% by 2030 compared to 2005 levels, and a pledge to bring down projected CO2 emissions by a billion tonnes by 2030 requires active contribution from the Indian real estate sector too.
Upcoming regions are improving the ability of firms in India to offer state-of-the-art software infrastructure, platform-as-a-service, file sharing, data storage services, big data analytics, data governance, and cyber security.