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India to Become World's Most Sought-After Consumer Market
The Business Guardian
|August 14, 2025
Morgan Stanley forecasts India's rise as world's most attractive consumer market.
India is set to become the world's most sought-after consumer market, undergo a major energy transition, witness a rise in credit-to-GDP ratio, and see manufacturing gaining a larger share in GDP, according to a report by Morgan Stanley.
The report stated that the falling intensity of oil in India's GDP, along with the rising share of exports, especially services in GDP, and fiscal consolidation with a likely primary surplus in three years, will imply a lower saving imbalance. This, in turn, will allow structurally lower real interest rates in the economy.
It stated "India will become the world's most sought-after consumer market".
This story is from the August 14, 2025 edition of The Business Guardian.
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