![](https://www.fisdom.com/wp-content/uploads/2024/06/CapView_June_V1_800x450.jpg)
Indian Economy
S&P revises India’s outlook to positive
![](https://www.fisdom.com/wp-content/uploads/2024/06/image-3.png)
![](https://www.fisdom.com/wp-content/uploads/2024/06/image-4.png)
Here’s Why S&P Revised India’s Outlook to Positive:
- Positive Economic Impact: India’s robust economic growth is improving its credit metrics.
- Future Growth: Strong economic fundamentals are expected to support growth over the next two to three years.
- Policy Continuity: Regardless of the election outcome, continuity in economic reforms and fiscal policies is anticipated.
- Infrastructure Investment: Increasing government spending on infrastructure is reducing bottlenecks and promoting higher growth.
- Government Focus: Ongoing consolidation efforts are a priority for the government.
- Credit Outlook: S&P revised its outlook on India to positive from stable.
Emerging markets are growing fast; India emerges stronger
Emerging markets outperform the world
India leads the pack
![](https://www.fisdom.com/wp-content/uploads/2024/06/image-6.png)
Robust Indian macros
Expect India to maintain lead within the EM pack
![](https://www.fisdom.com/wp-content/uploads/2024/06/image-7.png)
India is already the fastest-growing economy; on track to feature among the global top three
$7 Tn Indian Economy
Now in Sight
![](https://www.fisdom.com/wp-content/uploads/2024/06/image-8.png)
Key Drivers
Consumption + Investment
![](https://www.fisdom.com/wp-content/uploads/2024/06/image-9.png)
India today is where China was in 2007
![](https://www.fisdom.com/wp-content/uploads/2024/06/image-10.png)
Source: SBI Funds Management, World Economic Outlook, IMF, Fisdom Research