Morgan Stanley's chief Asia economist, Chetan Ahya, stated that India is unlikely to achieve the 8%-10% economic growth rates that China has seen in the past. He mentioned India's low-skilled workforce as a hindrance and projected a growth rate of 6.5-7% instead. In contrast, RBI Bulletin believes India can sustain 8% growth or even higher. The economist also highlighted that India is far from replacing China as a manufacturing powerhouse.
Morgan Stanley’s chief Asia economist: #India is “unlikely” to match China’s impressive economic growth rates, and it is “far from replacing” manufacturing powerhouse China. I wonder if this will hurt some Indian people’s pride. https://t.co/2vgwGSChZl
India Can Sustain 8% Growth, Even Higher, Says RBI Bulletin https://t.co/PeR7T1UQbY https://t.co/S2jqOB4hs0
'You'll Never Match China!' - Morgan Stanley Damns India Over "Low-skilled Workforce" Speaking to Bloomberg, the investment bank's chief Asia economist Chetan Ahya said that Delhi will not reach 8-10% economic growth rates & is more likely to see 6.5-7%. Adding India will not… https://t.co/TEANo4EKFZ
India can’t match China’s past 8-10% growth, Morgan Stanley says https://t.co/N77XIpfvpA
India is unlikely to achieve the 8%-10% economic growth rates that China pulled off over the long term, Morgan Stanley’s chief Asia economist says https://t.co/hoOBc2FWB0