“The West or the US specifically has always been built on a 222 kind of model, it’s 2 percent growth, 2 percent inflation, 2 percent interest rates, and India has always been more 777, 7 percent growth, 7 percent interest rate, 7 percent inflation, give or take in India maybe a little bit more but it’s not a shock to the Indian economy and you can see it around you because people are spending, businesses are investing.” said Rajinder Balaraman, MD, Matrix Partners India in our latest episode of Matrix Moments on “Environment, Valuation and Starting up in 2023” with Avnish Bajaj, Founder & MD, Matrix Partners India.
