In the unfiltered Talking Point, Niraj Shah in a conversation with Sanjay Mookim of JP Morgan discussed concerns about India’s economic growth trajectory for 2025. While acknowledging that services exports and government expenditure have been key drivers of growth in recent years, he expressed skepticism about their ability to maintain momentum. Both are expected to normalize, and the Indian economy needs new growth drivers, either from consumption or investment. However, Sanjay pointed out that there’s no clear sign of improvement in either area, suggesting that India's growth rates could settle at lower levels. This scenario could have a ripple effect on various sectors, and while he remains hopeful, he emphasized the need for a revival in either consumption or investment to maintain robust growth in 2025.
#indianeconomy #indiagrowth #investmentsindia #consumption
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