India Defies Global Slowdown in 2023 as Growth Exceeds Expectations on Reform Momentum
- Global and India's economic growth to slow down in 2023
- But Indian government can stimulate growth with major reforms
- Many economic risks played out in 2023 like trade tensions and rate hikes
- However, there was no major crisis and 2023 growth exceeded expectations
- China saw economic rebound after lifting COVID curbs and government stimulus