India’s Growth May Dip Below 7% in Second Half, But Full-Year Expansion Could Still Average 7.2%: Sabnavis
India’s economic growth may ease below 7% in the second half of the fiscal year, but the country could still post an average expansion of about 7.2% for the full year, according to economist Madan Sabnavis. He expects second-quarter growth in the 7.5% to 7.6% range and says India’s longer-term potential remains close to 8%, underscoring the economy’s resilience despite a likely moderation ahead.
