India’s Growth Momentum Pauses, but Long-Term Fundamentals Remain Intact

This report, authored by Miya Tailor of RBC Global Asset Management, provides on-the-ground insights into India’s economic landscape, exploring its recent slowdown within a broader trajectory of structural growth.

• Economic Transition: Infrastructure investment and premiumisation continue to drive development, though capital expenditure growth has moderated from 18–20% to around 10%.

• Market Dynamics: Despite expensive valuations and weaker earnings, strong domestic inflows (+63% YoY) underline investor confidence.

• Structural Strengths: Financial inclusion (89% penetration) and digital innovation support India’s long-term resilience.

Explore the full report for a deeper analysis of India’s evolving macroeconomic and investment outlook.