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India poised to grow at 6.2% in 2023-24: Morgan Stanley

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Image Credit: business today

India is poised to grow at 6.2% in the current financial year 2023-24 with improving macro stability indicating that the monetary policy will not have to turn restrictive, Morgan Stanley has said. In a report titled "Asia Economics: The Viewpoint: Addressing the Pushback to Our Constructive View", authored by Chetan Ahya, Derrick Y Kam, Qiusha Peng, and Jonathan Cheung, Morgan Stanley said India enjoys tailwinds -- both cyclical and structurally.