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India projected to become Asia’s fastest-growing economy

Morgan Stanley expects the country’s GDP growth to average 7% through 2023

The world’s sixth largest economy, India, is forecast to become the fastest-growing economy in Asia in 2022-2023, contributing 28% and 22% to regional and global growth respectively, according to economists at Morgan Stanley.

The Wall Street bank projects the South Asian nation to create buoyant demand boosted by a y