Domestic demand to anchor growth as exports and capex face global drag: Upasana Chachra

Morgan Stanley anticipates India's growth to moderate to 6-6.2% in the coming quarters, influenced by a slowdown in global demand. While domestic demand shows promise, driven by government and household capital expenditure, external uncertainties and trade policy shifts may hinder private investment. Government spending is expected to maintain momentum, supporting the overall capital expenditure environment.