Morgan Stanley forecasts $800 billion capex surge in India
pre-market1 source ↓written by the desknot a recommendation
- as geopolitical tensions
- 6.5-7%
- surge in capital
- $800 billion
- by FY 2029-30
- 37.5%
India's real GDP growth is projected at 6.5-7% as geopolitical tensions in West Asia could lead to an $800 billion surge in capital expenditure. Morgan Stanley revised its investment-to-GDP ratio forecast to 37.5% by FY 2029-30, indicating a stronger investment push despite global concerns over oil prices. This optimism may enhance market sentiment for infrastructure and manufacturing sectors.
Not investment advice. For informational purposes only.