'India's growth resilient': S&P reaffirms GDP outlook despite global turbulence; why growth story is strong
'India's growth resilient': S&P reaffirms GDP outlook despite global turbulence; why growth story is strong
S&P Global India Research indicates that despite global economic challenges, India's long-term economic prospects remain robust, fueled by reforms and infrastructure development. The nation is projected to maintain a 6.5% GDP growth in fiscal 2025-26, driven by domestic strengths and increasing global trade participation. India is also poised for expansion in sectors like private credit, shipbuilding, and digital infrastructure.
S&P Global India Research indicates that despite global economic challenges, India's long-term economic prospects remain robust, fueled by reforms and infrastructure development. The nation is projected to maintain a 6.5% GDP growth in fiscal 2025-26, driven by domestic strengths and increasing global trade participation. India is also poised for expansion in sectors like private credit, shipbuilding, and digital infrastructure.