Analysts Credit Infrastructure and Trade Deals for India's 7% Growth Outlook

Veteran economist Vinod Rawal welcomed the IMF's 7% growth estimate as a point of national pride. He stressed that ongoing fiscal measures, such as an income‑tax rebate for earnings up to INR 12 lakh, are expected to boost household consumption. Rawal also pointed to the rapid advancement of India's semiconductor industry, which could generate high‑value jobs and strengthen the trade surplus in coming years.