India Holds Potential To Be A Connector Country: RBI

New Delhi: In the midst of global trade realignments and industrial policy shifts, India is increasingly positioned to function as a ‘connector country’ that can become a key intermediary in sectors such as technology, digital services, and pharmaceuticals, according to the Reserve Bank of India (RBI).

Indian economy continues to be ring-fenced by stability encompassing monetary, financial and political stability; policy consistency and certainty; congenial business environment; and strong macroeconomic fundamentals along with a policy ecosystem that is transparent, rule-based, and forward-looking, said the ‘State of the Economy’ report by the central bank.