News Summary

• Despite strong fundamentals, India’s economy has major vulnerabilities stemming from its external account.
• With energy flows contested, shipping routes under threat, and capital markets increasingly shaped by geopolitics, the country must leverage its relative strength to weather current shocks and build long-term resilience.
• Real GDP growth is expected to reach 7.4% this fiscal year, with medium‑term potential growth hovering around 7%.
• Moreover, private consumption now accounts for 61.5% of GDP, the highest share since 2011–12.