India's growth unlikely to match China's historic levels: Morgan Stanley


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Morgan Stanley's Chief Asia Economist, Chetan Ahya, suggests that India may not match China's historic growth rates of 8-10%. Speaking to Bloomberg, Ahya forecast a steady long-term growth rate of 6.5-7% for India's gross domestic product (GDP). He also noted that despite efforts to make itself investment-friendly, India is yet to challenge its Asian rival as a global manufacturing powerhouse.