India can maintain ~7% growth despite global concerns, says Nilesh Shah

Renowned economist Nilesh Shah told ANI News that India’s economy is positioned to keep expanding at roughly seven percent per year despite a backdrop of global uncertainties. He highlighted that domestic demand, demographic advantages and policy support provide a buffer against external shocks. Shah cautioned that while the outlook remains positive, vigilance is required to navigate risks such as slowing growth in major trading partners and volatile commodity prices. The statement underscores confidence among some market analysts that India can outpace many advanced economies in the coming years. No further data or forecasts were provided beyond the 7% estimate.