India's GDP to contribute 22% to global growth, says Morgan Stanley

India is likely to be the fastest-growing Asian economy in 2022-23, according to analysts at Morgan Stanley. They expect India’s gross domestic product growth to average 7 per cent during this period — the strongest among the largest economies — and contributing 28 per cent and 22 per cent to Asian and global growth, respectively.

The Indian economy, they said, is set for its best run in over a decade as pent-up demand is unleashed.

“We have been constructive on India’s outlook, both from a cyclical and structural perspective, for some time. The recent strong run of data increases our confidence that