Hormuz & Iran war can slow India down but not hold it back
- Posted on July 9, 2026
- By Business News Today
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- 1 min read
Hormuz & Iran war can slow India down but not hold it back
Despite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-growing major economies. Strong consumer spending, booming automobile sales, rising FMCG demand, resilient services and robust domestic consumption are helping shield India's economy from global shocks and trade uncertainty.
