India’s population could become world economy’s new growth engine

As powerhouses from China to Germany contend with slowing growth, the stakes are rising to find another nation equipped to propel the global economy. Morgan Stanley predicts that India will drive a fifth of world expansion this decade, positioning the nation as one of only three that can generate more than $400 billion in annual output growth.

Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News