Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

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Recent India research

* India: On the road - Modi likely to win tough poll, Amitabh Dubey, Shumita Sharma Deveshwar, 11 Dec 2017
* India In charts: No easy fix for the economy as polls approach, Shumita Sharma Deveshwar, 30 Nov 2017
* India: New Congress takes the fight to the BJP, Amitabh Dubey, Shumita Sharma Deveshwar, 27 Nov 2017
* India: State banks still stand on shaky ground, Shumita Sharma Deveshwar, 9 Nov 2017
* India: On the road in Uttar Pradesh: GST woes hurt Modi’s popularity in busy poll season, Shumita Sharma Deveshwar, Amitabh Dubey, 26 Oct 2017

See all our India research >>

India: Why growth will not bounce back

Overview

The current exuberance about India is excessive. Even as analysts are raising their growth targets and investors are hoping for major reforms, we believe some real risks may hamper an economic revival. A sluggish global recovery, limited fiscal space for additional spending, and the lack of significant reforms mean that the upturn will be short-lived. Economic growth will remain at a lower level of around 6 per cent over the next two-three years until the structural imbalances at...

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