News: 2024.03.18
Bloomberg reports that Morgan Stanley’s chief AsiaeconomyChetan Ahya said in an interview on Monday (March 18) that IndiaeconomyThe long-term growth rate is likely to stabilize at 6.5% to 7%. He pointed out that India is unlikely to achieve China-likeeconomyincrease.
Aya said that India’seconomyThe growth rate is likely to remain at a relatively stable level in the future, rather than experiencing high-speed growth like in China. He believes that India'seconomyThe structural and policy environment is different from China, so it is unlikely to achieve China-style miraculous growth.
Although IndiaeconomyGrowth forecasts are relatively stable, but the country still faces some challenges. Aya pointed out that India needs to deal with factors such as inflation pressure, fiscal deficit problems and changes in the external environment to achieve sustained and stable growth.economyincrease.
Talking about IndiaeconomyWhen looking into the policy outlook, Aya said that the Indian government needs to further promote structural reforms and improve productivity and competitiveness in order to cope with the globaleconomyThe challenges that change brings. He believes that India is expected to achieve this through reform measureseconomytransformation and sustainable growth.
Morgan Stanley is a well-knowneconomyresearch institute for indiaeconomyoptimistic about its development prospects. They believe that although India is unlikely to achieve China-like rapid growth, through continued reforms and policy adjustments, IndiaeconomyIt is still expected to maintain relatively stable growth.