India tops global economic growth: Morgan Stanley
India is set to keep its title as the world's fastest-growing major economy through 2026, according to Morgan Stanley.
They're expecting India's GDP growth to hit 6.4% next year, all thanks to strong local demand and ongoing reforms.
Global growth predicted to cool off
While global growth is predicted to cool off (dropping from 3.5% in 2024 to just 2.5% in 2025), India stands out for its resilience.
The US and Europe are looking at sluggish growth near or below 1%, and China could slow down too, facing tariffs and deflation worries.
India's steady investment and spending keep it in spotlight
Even as the rest of the world hits speed bumps, India's steady investment and spending are keeping it in the spotlight for investors everywhere.
Morgan Stanley is staying optimistic about India's future, making it a country worth watching if you care about where the global economy is headed next.