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Sunday, March 17, 2024

India's economic growth resembles 2003-07: Morgan Stanley report

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, expected to reach 36% by 2027. Public capex drives growth, private capex catching up.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gSoXsYQ

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