India's economic growth resembles 2003-07: Morgan Stanley report

India's current economic growth, reminiscent of 2003-07, is driven by increased investments shifting towards capital expenditure. Urban consumers lead consumption growth, with rising rural demand. Market share in global exports grows, while managing macroeconomic stability risks effectively. Investment-to-GDP ratio rising, expected to reach 36% by 2027. Public capex drives growth, private capex catching up. https://ift.tt/mn5GJLf