India is projected to continue as the world's fastest-growing large economy, despite a slowdown this year, driven by strong domestic demand and a surge in investment. According to a Moody's report, India will remain the fastest-growing economy in the Asia-Pacific region in 2024, benefiting from the momentum of 2023. Additionally, Morgan Stanley's Jonathan Garner notes that India is set to surpass China as the largest market in the Emerging Markets (EM) index, boasting a high Return on Equity (ROE), with only the US ranking higher, while China's ROE drops.
#India is expected to continue as the fastest-growing economy in the Asia-Pacific region in 2024, according to #Moodys.
#India to remain #fastest growing #Asia-#Pacific #economy: #Moody's https://t.co/E3zmleBR6Z
๐ India To Remain #1 For Economic Growth In Asia-Pacific - Moody's The momentum of 2023 will help India remain the region's fastest-growing economy in 2024, according to a new report by the ratings agency. Indonesia, the Philippines, and India were top in terms of growth inโฆ https://t.co/JLen74xtX5
India set to surpass China as largest market in EM index, boasting high ROE; only US ranks higher, while China's ROE drops, says Morgan Stanley's Jonathan Garner. ๐ Read more๐ https://t.co/XsnbA1w9TJ #China #India #USA #MorganStanley #EMIndex
India, despite a projected slowdown this year, will continue to be the world's fastest-growing large economy, driven by strong domestic demand and a surge in investment. https://t.co/NoEsrmEhLK