India’s GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S and P Global Ratings said on Tuesday. In a report titled ‘China Slows India Grows’, S and P said it expects Asia-Pacific’s growth engine to shift from China to South and Southeast Asia. “We project China’s GDP growth to slow to 4.6 per cent in 2024 (2023: 5.4 per cent), edge up to 4.8 per cent in 2025, and return to 4.6 per cent in 2026.
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