'China slows, India grows': S&P pegs 7% GDP growth for India by 2026
S&P Global Ratings forecasts India's GDP to reach 7% by 2026, surpassing China's expected 4.6% growth. The report, titled 'China Slows India Grows,' envisions a shift in Asia-Pacific's growth engine from China to South and Southeast Asia. S&P projects China's GDP to slow to 4.6% in 2024, India's to expand at 6.4% in the current and next fiscal years, and rise to 7% by 2026.
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