Morgan Stanley Projects India to be the fastest-growing Asian economy in FY23 with GDP at 7%

Morgan Stanley Projects India to be the fastest-growing Asian economy in FY23 with GDP at 7%

• The analysts at Morgan Stanley expects that India is likely to be the fastest-growing Asian economy in the Asian region in 2022-23.
• As per Morgan Stanley, the gross domestic product (GDP) growth of Indian economy is estimated at 7 percent in 2022-23 (FY23).
• This rate is the strongest among the largest economies and contributes 28 percent to Asian and 22 percent to global growth.

Source: Business Standard

1. GDP growth rate of India in 2022-23 as per Morgan Stanley?
2. Fastest growing Asian economy in FY23?