Sustaining India's growth without policy support
The Economic Times quotes HSBC economist Pranjul Bhandari calling for more structural growth and pointing to a weaker rupee as a reason goods exports may do better than in the past.
TLDR
HSBC chief India economist Pranjul Bhandari calls for more structural growth that stays high without policy support, The Economic Times reports. Bhandari says goods exports may perform better than in the past because rupee depreciation has made exports, especially manufactured exports, more competitive. The report quotes depreciation figures since early 2025 of 24% against the euro, 20% against the pound and about 15% in real trade-weighted terms.
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