PwC's Dennis Nally continues to believe that India offers tremendous potential and there are lots of opportunities with the economy.
While many may be disappointed with a 5 percent growth in India, the global chairman of PricewaterhouseCoopers says that India is better placed than most emerging economies. Speaking exclusively to CNBC-TV18's Kritika Saxena, Dennis Nally, PwC International said that 2014 is expected to be the year of recovery and India is poised to grow despite concerns, however, elections will be the deciding point.
Nally continues to believe that India offers tremendous potential and there are lots of opportunities with the economy.
He believes things are really looking better. According to PwC's global CEO survey that was released in Davos this January , certainly confidence levels about the global economy are looking better, he adds. "People are feeling better this year than they were just 12 months ago. So, it is clearly pointed in the right direction, not to say there aren't issues, there are challenges but the recovery is clearly headed in the right direction," he elaborates.
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