No major impact of Trump tariffs? Moody’s says India to be fastest growing major economy; ‘succeeded in redirecting exports’

India will continue to be the world’s fastest growing major economy in the coming years, despite its exports taking a hit after Donald Trump administration’s 50% tariffs, according to the latest global economic outlook report by Moody’s. Ratings agency Moody has predicted that India’s economy will grow at a strong 6.5% through 2026 and 2027. “India — the fastest-growing G-20 economy — will grow at 6.5%, through 2027, supported by domestic and export diversification. India's economic growth is supported by robust infrastructure spending and solid consumption, although the private sector remains cautious about business capital spending,” Moody’s has said in its report. Talking about the impact of US tariffs, Moody’s said that Indian exporters appear to have successfully diversified