04 Oct 2025 | 5 Mins Read

India's robust consumption shield against external shockwaves

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Nirmala Sitharaman said India's economic growth is resilient due to robust domestic consumption, which buffers against external shocks. She stated that the country's economic leverage is evolving and emphasized the need for developing countries to be active participants in shaping global outcomes. India aims to grow at 8% annually to become a developed nation by 2047.