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India's economic growth resembles 2003-07: Morgan Stanley report
Credit: IndiaTimes- Published on March 17, 2024
India's current economic growth, reminiscent of 2003-07, is driven by increased investments shifting towards capital expenditure. Urban consumers lead consumption growth, with rising rural demand. Market share in global exports grows, while managing macroeconomic stability risks effectively. Investment-to-GDP ratio rising,...
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According to economists at Morgan Stanley, investment has become a major driver of India's rising economy, and the country's current expansion is similar to that...
on March 13, 2024 • IndiaTimes