According to Morgan Stanley, India is expected to contribute 16% of the global gross domestic product (GDP) growth over 2023-24.
* The Indian economy is a key contributor to Asian economic growth outperformance and the broad-based recovery in demand runs counter to the weakness seen outside Asia.
* In recent months, a wide variety of indicators suggest that India’s recovery is strong and broad-based, and is well-placed to sustain growth rates of above 6%..
Source : Business Standard
