The Reserve Bank of India (RBI) Governor, Sanjay Malhotra, has encouraged US companies to invest in India, assuring them that the country remains the fastest-growing major economy. Despite global economic uncertainties, Malhotra highlighted India’s strong growth potential and stability, making it an attractive place for long-term investments.
Malhotra pointed out that many developed economies are facing challenges, but India continues to offer good opportunities for growth. “With political, financial, and monetary stability, India is a secure and attractive choice for investors looking for long-term value,” he said. He also mentioned that India’s economy is supported by strong domestic demand and isn’t overly dependent on exports, which helps shield it from global economic issues.
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The RBI has forecasted a 6.5% growth for India this year, despite global uncertainties caused by the ongoing trade conflict between the United States and other countries. While this growth rate is lower than in recent years, Malhotra stated that it is still in line with past trends and remains one of the highest among major economies.
India’s growth outlook has been affected by the global trade war, especially after US President Donald Trump imposed tariffs on other countries. To help boost the economy, the RBI started reducing interest rates in early April and shifted its monetary policy to a more supportive stance, indicating further measures to help ease economic conditions.
