Left-leaning liberals had resorted to stoking fear psychosis about India’s economic growth after rating agency Moody’s had downgraded India’s rating to negative in June 2020
“As an Indian American, it is a matter of pride to see the Prime Minister encourage startups and investments in India," remarked Adobe CEO Shantanu Narayen.
Asserting the strongest growth rate, the seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) rose from 48.1 in June to 55.3 in July.