India is heading for 'very high growth' but challenges remain, says Goldman Sachs CEO

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India is heading for 'very high growth' but challenges remain, says Goldman Sachs CEO
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India is heading for 'very high growth' but challenges remain, says Goldman CEO

India is on a high growth trajectory as more businesses continue to diversify their supply chains, but investing in the country comes with challenges, the CEO of Goldman Sachs said.

David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California.India has a "very, very high growth trajectory," but bureaucratic challenges persist, CEO of Goldman Sachs David Solomon said in anEconomists at the investment bank expect India's economy to grow by 6% to 7% over the next three years, Solomon said.

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