“We expect India’s economy to grow around 7.3 per cent in both years,” Credit rating agency Moody’s said.

In its quarterly ‘Global Macro Outlook for 2019 and 2020’ report, Moody’s said, “While not immune, India is less exposed to a slowdown in global manufacturing trade growth than other major Asian economies and emerging markets. The government spending announced ahead of elections this year (due by May) will support near-term growth.”

“We expect India’s economy to grow around 7.3 per cent in both years,” Credit rating agency Moody’s said.

In its quarterly ‘Global Macro Outlook for 2019 and 2020’ report, Moody’s said, “While not immune, India is less exposed to a slowdown in global manufacturing trade growth than other major Asian economies and emerging markets. The government spending announced ahead of elections this year (due by May) will support near-term growth.”