Nomura Expects India to be fastest growing Asian economy in 2021 at 9.9%

The Japanese research and brokerage house Nomura has projected India to be the fastest growing Asian economy in 2021.
Nomura has estimated the gross domestic product (GDP) growth of India for the calendar year 2021 (CY21) at 9.9%.
For calendar year 2020 (CY20), Nomura expects GDP growth at-7.1 percent.
Apart from this, the Nomura expects GDP at -8.2 percent in FY21, and 11.9 percent in FY22.