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Home Asia Pacific

India to remain fastest growing Asia-Pacific economy in 2024, predicts Moody’s

NEWSROOM by NEWSROOM
June 13, 2024
in Asia Pacific, Business
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Moody’s latest Ratings revealed that India is poised to maintain its position as the Asia-Pacific region’s top-performing economy in 2024, continuing the robust growth driven by domestic factors seen last year. According to its report titled “Credit Conditions – Asia-Pacific H2 2024 Credit Outlook,” Indonesia, the Philippines, and India have shown strong growth in the first half of the year and are expected to surpass pre-Covid growth levels. This is supported by increasing exports, strong local demand, and substantial government…



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