ISAS Insights

The Indian economy's upward trajectory moderated in the second quarter of 2016 (2Q16), as the economy grew by 7.1% year-on-year (y/y) in 2Q16, down from 7.9% growth in 1Q16. With cyclical indicators firming, growth is likely to remain above 7% in 2016. With recent developments from the top-down showing promise for improved governance, we now assess India's long-term potential based on its inherent advantages and bottom-up strengths that have yet to be fully leveraged.