cautiously positive
Recently
India’s growth outlook remains robust amid trade-diversification push
No Image
India’s growth forecast stays firm as domestic demand and export diversification offset external pressures and inflation remains manageable.
The Indian government’s September economic report says the economy is on track for strong expansion this fiscal year, supported by solid domestic demand, tax cuts and rising exports into new markets. Despite U.S. tariffs, export destination diversification is showing early signs. Inflation appears contained and the labour market remains resilient, giving policy‐makers room to manoeuvre. The report cautions that private capital expenditure still lags and global trade tensions remain a headwind.