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Business
Moody’s Projects India to Surpass China in GDP Growth by 2028
✍️ Firstpost
🗓 12 Nov 2026, 06:51 AM
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Moody’s Analytics has forecast that India’s GDP growth rate will exceed China’s by 3 percentage points by 2028, signalling a shift in the economic trajectory of the two largest Asian economies.
Moody’s released a new forecast on Monday, projecting India’s GDP growth to rise to a level that will be 3 percentage points higher than China’s by 2028. The rating agency cited structural reforms, a growing digital economy and a demographic dividend as key drivers behind India’s projected acceleration. Analysts say the forecast positions India as a leading growth engine in Asia, potentially attracting greater foreign investment and reshaping trade dynamics. The report follows India’s recent macroeconomic stability and policy measures, and comes amid global economic uncertainties.