In an interview on October 17, 2025, Yann Le Pallec, President of S&P Global Ratings, stated that India's economy is expected to show resilience against global trade shocks and punitive tariffs. He projected an economic expansion of approximately 6.5% for the current year, with growth anticipated to rise to around 7% over the following two years. Le Pallec also noted that global investors view India as an attractive destination for long-term, stable growth opportunities. He mentioned that India's large domestic market helps to cushion it from global shocks and that while geopolitics remain a global risk, for India it is a manageable headwind rather than a defining threat.
S&P Global Ratings President expresses confidence in India's economic resilience
SPGI
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