Moody's Analytics on April 12 projected India's economy to expand 6.1% in 2024, lower than 7.7% growth clocked in 2023.
It said output in India remains 4% lower than it would have been without the COVID pandemic and its various aftershocks — from supply snags to military conflicts abroad.
"Economies in South and Southeast Asia will see some of the strongest output gains this year, but their performance is flattered by a delayed post-pandemic rebound. We expect India’s GDP to grow 6.1% in 2024 after 7.7% last year," Moody's Analytics said.
