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India's Long-Term Growth Engine: BofA Flags These Nine Key Drivers

Despite near-term market caution due to high valuations, BofA remains constructive on India's long-term outlook.

Divya Prata

India is projected to deliver a 7% compound growth rate in dollar terms, thanks to a strong structural base and stock market depth, said the brokerage. (Photo source: Freepik)

India is poised to emerge as a global outperformer, with structural drivers setting the stage for sustained economic and corporate earnings growth, according to BofA Global Research.

Also Read: Investors Haven’t Been This Bearish In 30 Years, BofA Poll Shows

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WRITTEN BY
Divya Prata
Divya Prata is a desk writer at NDTV Profit, covering business and market n... more
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