India economy desk

New Engine for Indian Economic Growth: The Turning Point from Government-Led to Private Capital-Driven

Deloitte research indicates that India's economic growth is shifting from a government-led model to one driven more by private capital. Although infrastructure and public capital expenditure have significantly improved logistics and connectivity, businesses remain cautious in the face of global uncertainties. In the future, achieving the growth target of 7.1% to 7.3% will depend on how to stimulate the 'inflow effect' of private capital and overcome investment barriers posed by corporate deleveraging and uncertainty.