India set to lead Asia-Pacific growth in 2025, says Moody's
Moody's just gave India a big thumbs up—predicting the country's economy will grow by 7% this year, making it the fastest-growing in the Asia-Pacific (outside Greater China).
This boost comes from strong local demand, steady government spending, and robust manufacturing and services.
How Indian companies are handling challenges
Even with the rupee slipping against the dollar, most major Indian companies are staying steady thanks to active currency risk management or strong financial buffers.
Still, some sectors like airlines and oil & gas are feeling the pinch from dollar-based costs.
Meanwhile, Moody's says Asia-Pacific as a whole looks stable for now—but warns that US-China tensions could shake things up if they get worse.
Lower interest rates and better corporate earnings could help keep things on track.