Asia Pacific Economic overview
February 2018
India’s economic growth is set to pick up this year and next.
India’s GDP is expected to grow by 7.4% on an annual basis this year and by 7.8% next year, according to the latest forecast from the International Monetary Fund. The improved outlook for the global economy and the government’s ambitious plans for economic expansion are supporting the positive outlook for the country. India’s strong economic growth will promote greater gas consumption this year. LNG imports continued to rise in 2017, and imports are expected...