The United Nations Department of Economic and Social Affairs projected India’s economy will grow 7.4 percent in the current financial year, driven by resilient domestic consumption and public capital investment.
The forecast places India well above global averages as advanced economies grapple with trade friction and geopolitical energy shocks.
UNDESA analysts cited infrastructure spending on roads, railways and digital public goods as multiplier effects supporting manufacturing and services alike.
Economists cautioned that external headwinds from Middle East conflict and export market volatility could moderate outcomes if oil prices spike again.
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Sources:
https://www.newsonair.gov.in/category/business/page/16/?lang=en