Business News | Morgan Stanley Forecasts 15.3 Pc CAGR in Indian Infrastructure Investments over Next Five Years | LatestLY ...Middle East

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Business News | Morgan Stanley Forecasts 15.3 Pc CAGR in Indian Infrastructure Investments over Next Five Years | LatestLY
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New Delhi [India], June 23 (ANI): Investment banking company Morgan Stanley has anticipated a 15.3 per cent compound annual growth rate (CAGR) in infrastructure investments, which is projected to result in a cumulative expenditure of USD 1.45 trillion in India over the next five years. This surge in investment is expected to significantly boost the investment rate, fostering a prolonged period of high productive growth, the global investment company said in its recent report, The New India – Infrastructure. Also Read | BSP Chief Mayawati Reinstates Nephew Akash Anand As Bahujan Samaj Party’s National Coordinator, Political Heir. “Infrastructure investment is the backbone of any economy – a

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