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22 Agosto 2023

India

S&P: ECONOMY TO GROW BY AVERAGE 6.7% TO ‘31

S&P Global projected the Indian economy to grow by an average annual rate of 6.7% to March 2031, driven by manufacturing and services exports and consumer demand, despite short-term challenges from rate hikes and a global slowdown. S&P retained its earlier forecast of 6% growth for the current fiscal, nothing even at this rate, India will be the fastest growing economy among the G20. While the world is in the midst of an unprecedented period of transition and uncertainty, India faces a defining opportunity to capitalise on this moment, said Global in its report ‘Look Forward: India’s Moment’ released in Delhi. (ICE NEW DELHI)


Fonte notizia: The Business Standard