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The Economic Times

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Dr Doom, who predicted global financial crisis, has a forecast for India

Economist Nouriel Roubini, known as Dr Doom for predicting the 2008 Global Financial Crisis, sees India emerging as a major growth story over the coming decades. He believes easing US tariffs, deeper trade ties, friendshoring and continued reforms could strengthen India's economic prospects. However, India must accelerate growth towards 9% to create enough jobs for its young workforce as artificial intelligence reshapes employment and global manufacturers diversify beyond China.

16 Oct 2026 3:13 pm