Raamdeo Agrawal sees an unprecedented time for the economy, says India globally competitive now

Raamdeo Agrawal, MD and CEO, Motilal Oswal told CNBC-TV18 the revival in auto sector festive sales is 'pleasantly surprising'.

On the economy front, he said, high networth individuals (HNIs) are finally opening up their purses and foreigners are more favourable towards India.

“This is a very unprecedented time when interest rates are falling, there is no inflation and in half the world bonds are sub-zero,” he said.