Moody’s raises India GDP growth forecast to 7% from 6% over resilience to West Asia conflict
Indian markets moved higher in an infrastructure development.
· Business Today Mkts
Moody's pointed to stronger private consumption, robust capital formation due to public infrastructure spending, a likely revival in private-sector investment, and ongoing strength in services.
The analysis
Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
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