Goldman Sachs forecasts India's real GDP growth at 9.1% in 2022

Goldman Sachs has projected India’s real GDP growth for 2022 at 9.1 per cent as compared to eight per cent for 2021. Growth will be mainly driven by a pick-up in consumption as the economy fully re-opens driven by a notable improvement in the virus situation and adequate progress on vaccination. However, the agency cautioned that growth may result in a rise in core inflation as manufacturers pass on input cost increases to consumers as demand recovers with full economic re-opening. As per its estimates, the headline consumer price inflation (CPI) may rise to 5.8 per cent in 2022 from 5.2 per cent in 2021. Goldman Sachs also expects government capital spending to continue, private corporate capex to recover and housing investment to revive.

References
1. https://www.business-standard.com/article/economy-policy/goldman-sachs-sees-india-s-gdp-at-9-1-in-2022-driven-by-consumption-121112300544_1.html
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
7.0 +0.7
Consumer Sentiments Index
Base September-December 2015
59.8 -0.3
Consumer Expectations Index
Base September-December 2015
61.8 -0.5
Current Economic Conditions Index
Base September-December 2015
56.6 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Dec 20 Mar 21 Jun 21 Sep 21
New projects 1.50 2.26 2.64 2.09
Completed projects 0.87 1.17 0.72 1.09
Stalled projects 0.30 0.26 0.32 0.03
Revived projects 0.15 0.22 0.12 0.27
Implementation stalled projects 0.20 0.34 0.25 0.22
Updated on: 02 Dec 2021 9:28AM
Quarterly Financials of Listed Companies
(% change) Dec 20 Mar 21 Jun 21 Sep 21
All listed Companies
 Income 1.6 15.1 39.3 27.8
 Expenses 0.1 7.4 38.9 27.2
 Net profit 58.1 333.6 134.9 53.1
 PAT margin (%) 8.4 8.8 9.0 9.7
 Count of Cos. 4,462 4,391 4,479 4,495
Non-financial Companies
 Income 0.2 17.7 56.3 35.8
 Expenses -0.7 10.6 57.4 36.3
 Net profit 51.8 223.2 199.9 59.6
 PAT margin (%) 8.8 9.0 8.5 8.8
 Net fixed assets 2.2 13.9
 Current assets 4.4 17.5
 Current liabilities 0.8 6.8
 Borrowings -4.3 21.5
 Reserves & surplus 11.7 18.8
 Count of Cos. 3,284 3,247 3,299 3,285
Numbers are net of P&E
Updated on: 02 Dec 2021 9:28AM
Annual Financials of All Companies
(% change) FY19 FY20 FY21
All Companies
 Income 13.3 0.4 -1.3
 Expenses 13.6 0.4 -3.8
 Net profit 15.2 -10.7 50.4
 PAT margin (%) 2.1 2.1 6.5
 Assets 9.8 8.7 11.4
 Net worth 8.5 4.6 13.2
 RONW (%) 3.7 3.5 8.6
 Count of Cos. 32,313 31,235 8,302
Non-financial Companies
 Income 14.0 -1.4 -3.1
 Expenses 14.2 -1.1 -5.2
 Net profit 21.7 -20.8 40.5
 PAT margin (%) 2.9 2.4 6.0
 Net fixed assets 5.7 10.7 2.0
 Net worth 7.9 2.4 11.0
 RONW (%) 6.4 5.0 9.6
 Debt / Equity (times) 1.0 1.1 0.7
 Interest cover (times) 2.3 1.9 3.2
 Net working capital cycle (days) 74 81 78
 Count of Cos. 25,815 24,885 6,091
Numbers are net of P&E
Updated on: 28 Nov 2021 2:41PM