ReNew Power’s Sumant Sinha on economic recovery amid disruptions

Q: Now that we are on a path of recovery, we find ourselves in a disruption where there is a disruption in global supply chain and there is volatility in commodity prices. In this background, what is your assessment of the FY2022-23?

Ans:

>India has, over the years, resolved many of its structural challenges impacting macroeconomic performances

>External risks facing India are US Fed increasing interest rates and geo-political issues around the world
>External risks will impact commodity prices, oil markets etc

>Indian economy in a healthy position – demand growth expected, corporates ready to invest for capacity creation