<h1>Indian Economy Set for Strong Growth with 7-7.75% GDP Increase; Initiatives Boost Investment.</h1> The Indian economy is projected to grow robustly, with GDP growth expected between 7% and 7.75% in the coming year, according to the Central Statistics Office. Despite global economic uncertainties, India's GDP growth was 7.6% in 2015-16. The fiscal deficit for 2015-16 is estimated at 3.9% of GDP. Private corporate sector investment rose from 11.7% of GDP in 2013-14 to 12.3% in 2014-15. The government has implemented initiatives like Make in India and Start-up India to improve the business climate and attract investment. The Reserve Bank of India reduced policy repo rates by 125 basis points in 2015.