Expect economic growth of 6.5-7 pc this fiscal; pick up in private investment: FICCI President

FICCI President Harsha Vardhan Agarwal anticipates 6.5-7% GDP growth for the current financial year, despite Q2's 5.4% being a "temporary phenomenon." He expects private investment to rise with increased capacity utilization and sees fewer challenges from the incoming US administration. FICCI recommends a 15% capex increase in the upcoming budget.