India has jumped onto the cycle of 8% plus growth over the next 15-20 years

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KV Kamath, CII president, managing director and chief executive officer of ICICI Bank, the country’s largest private sector bank, is one of the few contrarians today who thinks double-digit growth rate is within India’s grasp despite signs of a US recession, global financial turmoil and a tight situation at home. But he backs up his bullishness with information and anecdotal experiences: “There may be some aberrations due to the global situation.

Source: http://www.indianexpress.com/story/349879.html