Need more structural growth that stays high without policy support: Pranjul Bhandari, Chief India Economist/Strategist, Asean Economist, HSBC

Economic Times - Sep 20, 2026

"India is also at a point where goods exports may do better than they have in the past. One reason is that the currency has depreciated, making exports, especially manufactured exports, more competitive. Since early 2025, the rupee has depreciated 24% against the euro, 20% against the pound, and about 15% in real trade-weighted terms."

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"India is also at a point where goods exports may do better than they have in the past. One reason is that the currency has depreciated, making exports, especially manufactured exports, more competitive. Since early 2025, the rupee has depreciated 24% against the euro, 20% against the pound, and about 15% in real trade-weighted terms."

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