India poised for world-beating growth, CEA Anantha Nageswaran says

India's economy could expand by 6.5% this fiscal year thanks to strong credit demand, falling crude oil prices, and increased construction activity, according to V Anantha Nageswaran, a top advisor to the Indian finance ministry. Despite economic risks such as slower global growth and weather-related issues, India's economy is performing well due to supportive factors, making it "tick all the right boxes," Nageswaran said.

May 25, 2023 - 11:30
India poised for world-beating growth, CEA Anantha Nageswaran says
India's economy could expand by 6.5% this fiscal year thanks to strong credit demand, falling crude oil prices, and increased construction activity, according to V Anantha Nageswaran, a top advisor to the Indian finance ministry. Despite economic risks such as slower global growth and weather-related issues, India's economy is performing well due to supportive factors, making it "tick all the right boxes," Nageswaran said.