S&P Global Offerings
Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
Featured Products
Ratings & Benchmarks
By Topic
Market Insights
About S&P Global
Corporate Responsibility
Culture & Engagement
Investor Relations
Featured Products
Ratings & Benchmarks
By Topic
Market Insights
About S&P Global
Corporate Responsibility
Culture & Engagement
Investor Relations
S&P Global Offerings
Featured Topics
Featured Products
Events
Language
Featured Articles
India remains the world’s fastest-growing large economy despite a slowdown in real GDP growth in fiscal 2024-25. It has moderate dependence on external trade for growth, which cushions it somewhat from ongoing shifts in global trade and tariff policies, though it is not immune to the rising trade protectionism.
While manufacturing value added accounts for a modest 17.2% of the country’s real gross domestic product (GDP), the government has implemented targeted policy interventions to build domestic manufacturing capacity and strengthen India’s role in global supply chains.
High-frequency HSBC Purchasing Managers’ Index® (PMI) data — compiled by S&P Global Market Intelligence — highlights the domestic manufacturing sector’s resilience to recent global headwinds compared with other major economies.
An analysis of S&P Global Market Intelligence’s Strategic Opportunity Index® (SOI) over time indicates that India has made notable progress in enhancing its competitiveness and making its manufacturing sector more attractive to investors.
Our experts provide insights and analysis to empower confident decision-making. Whether you're a business leader, investor, or simply curious about the forces shaping our world, The Decisive podcast is here to provide you with the knowledge you need to stay ahead. Join our team of seasoned analysts as they explore the ever-changing landscape of maritime, trade and supply chain, economics and country risk.
This report does not constitute a rating action, neither was it discussed by a rating committee.