India’s economy is shifting gears — and exports are now leading the ch

@aspirantai_official

#Economy#Inflation

India’s economy is shifting gears — and exports are now leading the charge.

Even as oil prices rise and global markets tighten, HSBC’s Pranjul Bhandari says India’s growth will hold strong at 7-7.5%, fueled by a surprise export boom. Real exports grew 12% YoY, and with new deals like the India-UK FTA already boosting sales 12% MoM, the real game-changer may be the upcoming India-EU pact. A 25% rupee depreciation vs euro + lower tariffs could give Indian exporters a 35-40% price edge. Inflation may stay above 6%; triggering rate hikes; but growth remains resilient. For job-seekers, this means more demand in manufacturing, logistics, and export-focused sectors. The old India relied on domestic demand. The new India is going global; and creating jobs along the way.