Indian Economy
S&P revises India’s outlook to positive
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
Robust Indian macros
Expect India to maintain lead within the EM pack
India is already the fastest-growing economy; on track to feature among the global top three
$7 Tn Indian Economy
Now in Sight
Key Drivers
Consumption + Investment
India today is where China was in 2007
Source: SBI Funds Management, World Economic Outlook, IMF, Fisdom Research
