"Our global economics team expects global growth to average 2.9% YoY in 2022 slowing from 6.2% growth in CY21. Against this backdrop, we lower our forecasts of India's GDP growth to 7.6% for F2023 and 6.7% for F2024 ."
"The government's policy reforms, plus expansion of public infrastructure spending alongside an increase in capacity utilization levels, should help private capex to recover in 6-9 months." If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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