India Growth Resilient Despite Global Headwinds
News: HSBC Mutual Fund says India’s economic growth remains resilient despite global challenges, supported by favourable interest rates, strong liquidity and policy measures.
The report highlights a sustained investment cycle driven by infrastructure spending, manufacturing support and rising private investments, especially in renewable energy and supply chains.
Lower interest rates, GST and income tax cuts are expected to boost consumption and capital expenditure. India’s growing role in global supply chains and localisation of advanced technologies further strengthen the outlook.
While Middle East tensions pose short-term risks, potential trade deals and improved export competitiveness could drive future growth. Overall, the outlook for equities and the broader economy remains positive with strong domestic demand and policy support.
Source: The Economic Times
