Moody's Forecasts India's Economy Growth
ECONOMY & POLICY

Moody's Forecasts India's Economy Growth

Moody's Analytics, a renowned global economic analysis firm, has projected a positive outlook for India's economy in 2024. According to their latest forecast, India's GDP is anticipated to expand by 6.1% in the upcoming year, reflecting a significant recovery from the challenges posed by the global pandemic.

The projected growth rate signifies a robust rebound for India's economy, showcasing resilience amidst uncertainties and disruptions. Moody's Analytics cites several factors contributing to this optimistic forecast, including the country's continued structural reforms, government initiatives to bolster investment, and the gradual revival of domestic demand.

India's economic landscape has witnessed dynamic shifts in recent years, with the government implementing various policy measures to stimulate growth and attract investments. Moody's Analytics acknowledges these efforts as instrumental in sustaining economic momentum and fostering a conducive environment for businesses.

Despite persistent challenges such as inflationary pressures and global economic fluctuations, India's growth trajectory remains promising. Moody's Analytics emphasises the importance of continued policy support and reforms to sustain the momentum and address lingering structural issues.

The forecast by Moody's Analytics aligns with other projections indicating a gradual recovery for India's economy. With improved vaccination coverage and a gradual easing of pandemic-related restrictions, economic activity is expected to gain further momentum, driving investment and consumption.

India's economic resilience and potential for growth have garnered attention from international investors and businesses. The country's large consumer base, expanding middle class, and vibrant entrepreneurial ecosystem present lucrative opportunities for growth and investment.

As India navigates through the challenges and opportunities on its path to recovery, strategic policy decisions and effective implementation will be crucial in realising its full economic potential. Moody's Analytics' optimistic forecast underscores confidence in India's economic prospects and underscores the importance of sustained efforts towards sustainable growth and development.

Moody's Analytics, a renowned global economic analysis firm, has projected a positive outlook for India's economy in 2024. According to their latest forecast, India's GDP is anticipated to expand by 6.1% in the upcoming year, reflecting a significant recovery from the challenges posed by the global pandemic. The projected growth rate signifies a robust rebound for India's economy, showcasing resilience amidst uncertainties and disruptions. Moody's Analytics cites several factors contributing to this optimistic forecast, including the country's continued structural reforms, government initiatives to bolster investment, and the gradual revival of domestic demand. India's economic landscape has witnessed dynamic shifts in recent years, with the government implementing various policy measures to stimulate growth and attract investments. Moody's Analytics acknowledges these efforts as instrumental in sustaining economic momentum and fostering a conducive environment for businesses. Despite persistent challenges such as inflationary pressures and global economic fluctuations, India's growth trajectory remains promising. Moody's Analytics emphasises the importance of continued policy support and reforms to sustain the momentum and address lingering structural issues. The forecast by Moody's Analytics aligns with other projections indicating a gradual recovery for India's economy. With improved vaccination coverage and a gradual easing of pandemic-related restrictions, economic activity is expected to gain further momentum, driving investment and consumption. India's economic resilience and potential for growth have garnered attention from international investors and businesses. The country's large consumer base, expanding middle class, and vibrant entrepreneurial ecosystem present lucrative opportunities for growth and investment. As India navigates through the challenges and opportunities on its path to recovery, strategic policy decisions and effective implementation will be crucial in realising its full economic potential. Moody's Analytics' optimistic forecast underscores confidence in India's economic prospects and underscores the importance of sustained efforts towards sustainable growth and development.

Next Story
Infrastructure Urban

Vibrant Gujarat Meet Showcases Rs 1.25 Trillion Investment

The Vibrant Gujarat Regional Conference – North Gujarat was inaugurated on Saturday in Mehsana by Chief Minister Bhupendra Patel and Union Minister for Railways, Information and Broadcasting Ashwini Vaishnaw. The event underscored Gujarat’s emergence as a key pillar of India’s development in semiconductors, electronics manufacturing, modern logistics, and green energy. Addressing the gathering, Ashwini Vaishnaw said Gujarat is fast becoming the foundation of India’s industrial transformation, supported by an investment of Rs 1.25 trillion in the electronics and semiconductor sector. H..

Next Story
Resources

JSW MG Motor Rises To No. 2 In India’s Luxury EV Market

JSW MG Motor India has climbed to the second position in India’s luxury electric vehicle (EV) segment, according to Vahan data for September 2025. The company’s growth has been fuelled by strong demand for two key models — the MG Cyberster and the MG M9 Presidential Limousine — both of which currently have a waiting period of three to four months. Launched in July 2025, the MG Cyberster has become India’s highest-selling sports car, with 256 units sold through the brand’s premium retail network, MG Select. “Securing the second spot in India’s luxury EV segment is a testament ..

Next Story
Infrastructure Energy

Delhi Plans Higher EV Subsidies, Focus On Two-Wheelers

In a renewed push to accelerate electric vehicle (EV) adoption, the Delhi government is expected to introduce higher subsidies and expanded charging infrastructure for two-wheeler EVs in its upcoming Electric Vehicle Policy 2.0, The Times of India reported. The current EV policy, launched in 2020 under the Aam Aadmi Party (AAP) government, offers a Rs 5,000 subsidy per kWh of battery capacity, capped at Rs 30,000 per vehicle. According to senior officials, the new policy may double this benefit, providing a stronger financial incentive for buyers. However, the government has yet to clear pen..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?