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India’s economy has parallels to booming 2000s, according to Morgan Stanley

IndiaTimes 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.
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