India vs China: What Morgan Stanley said on comparison over infrastructure – Times of India ...Middle East

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India vs China: What Morgan Stanley said on comparison over infrastructure – Times of India
source : NY Times News ( Middle East ) () 38
A recent report by Morgan Stanley states that infrastructure in India has improved significantly in the past few years improvements in India’s infrastructure in recent years and when comparing infrastructure scale relative to GDP, it favors India over China, which is often considered a benchmark for large-scale infrastructure development.Meanwhile, the report projects a steady increase in India’s infrastructure investment, rising from 5.3 per cent of GDP in the fiscal year 2024 (F24) to 6.5 per cent by fiscal year 2029 (F29), resulting in a robust compound annual growth rate (CAGR) of 15.3 per cent and cumulative spending of $1.45 trillion over the next five

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