Consumption hit, but outlook stays positive: CARE Ratings CEO Mehul Pandya

December 2, 2024

India’s economic slowdown may impact growth if persistent. CARE Ratings CEO Mehul Pandya highlights the importance of monitoring the consumption sector and potential US tariff impacts on exports. Despite challenges, positive outlooks for sectors like hospitality and infrastructure remain. The Adani Group’s situation and its handling of foreign currency borrowings are also under observation.

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