India’s economy has parallels to booming 2000s, according to Morgan Stanley
Wednesday, 13 March 2024
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 of the mid-2000s, when growth averaged more than 8%. They stated that economy appears to have capacity for even more growth, given the path for more capital spending, particularly from private enterprises, expanding exports, and more stable economy.
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 of the mid-2000s, when growth averaged more than 8%. They stated that economy appears to have capacity for even more growth, given the path for more capital spending, particularly from private enterprises, expanding exports, and more stable economy.
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