India’s economy is projected to grow by 6.4% in the financial year ending March 2025, the slowest in four years. This downturn can be attributed to weak consumer demand, sluggish private investment, and lower government expenditure due to election-related spending curbs. While the slowing growth has dented confidence and highlighted India’s vulnerabilities, it is crucial to assess India’s future growth in the global context instead of focusing on the most recent performance.

Read Eastspring’s Deep Dive on India