India can’t match China’s past 8-10% growth, Morgan Stanley says
Morgan Stanley predicts India won’t match China’s past high growth rates, foreseeing a steady 6.5%-7% growth due to infrastructure and workforce limitations. Despite this, India’s economic prospects are positive, resembling the mid-2000s boom. However, replacing China as a manufacturing hub seems unlikely. India’s recent growth and potential rate cuts by the Reserve Bank of India are key factors to watch.
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