Home » General » Business » ‘India’s growth for 2023-23 to be strongest among largest economies’
New Delhi, June 10 (SocialNews.XYZ) Over 2023-23, Indias growth will average 7 per cent, the strongest among the largest economies, contributing 28 per cent and 22 per cent to Asian and global growth, respectively, Morgan Stanley said in a report.
India is best positioned within Asia to deliver domestic demand alpha. Its cyclical recovery will be sustained by structural factors.
“The recent strong run of data increases our confidence that India is well positioned to deliver domestic demand alpha, which will be particularly important as developed markets’ growth weakness percolates into Asia’s external demand,” Morgan Stanley said.