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India to contribute 16% of global GDP: Morgan Stanley

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Published date: May 18, 2023
  • Location: Dubai, New Delhi, Al Daayen, Qatar
India to contribute 16% of global GDP: Morgan Stanley
India to contribute 16% of global GDP: Morgan Stanley
With the Indian economy being a key contributor for Asian economic growth outperformance, the broad based recovery in demand runs counter to the weakness seen outside Asia, said Morgan Stanley (NYSE:MS) in a report. According to Morgan Stanley, India is benefitting from a combination of cyclical and structural tailwinds and is expected to contribute 16 per cent of the global gross domestic product (GDP) over 2023-24.

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