Moody’s Forecasts 7.2% Growth For Indian Economy In 2024, Calls It “Sweet Spot”

Moody’s Ratings forecasts India’s GDP growth at 7.2% in 2024, citing solid growth, moderating inflation, and strong household consumption, investment, and manufacturing activity. The agency highlights India’s “sweet spot” with steady economic momentum, supported by expanding manufacturing, services, and robust credit growth. Moody’s also anticipates 6.6% growth in 2025 and 6.5% in 2026.