Indian economy to bounce back for 3 big factors: Here's what Morgan Stanley forecasts

  • Posted on November 27, 2024
  • By Business News Today
  • 2 Views
Indian economy to bounce back for 3 big factors: Here's what Morgan Stanley forecasts

India's economy is poised for a rebound, with projected GDP growth reaching 6.7% and 6.8% in the upcoming quarters of FY25. Increased government spending, moderating food inflation, and a recovering job market are key drivers of this anticipated growth, overcoming earlier challenges from weather disruptions and reduced consumer spending.
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