Moody's Ratings is a well-known global rating agency that has offered its clear opinions regarding India's growth and economy. As per Moody’s, India with sufficient foreign exchange reserves and sound policies, coupled with good domestic capital markets, has emerged as one of the most resilient large emerging market economies in recent years since 2020. Moody’s in its latest report on emerging markets explains that financial strength and better economic policies of India have made it more resilient to potential shocks in the future in comparison to other emerging nations.

This research focused on emerging economies such as Indonesia, Mexico, Malaysia, Thailand, Brazil, South Africa, Nigeria, Turkey, and Argentina and studied their performance during the different global crises since 2020.

Moody's Ratings, one of the three major U.S.-based credit rating agencies, provides international financial research services related to bonds and ratings for corporate, government, and financial institutions.

Moody's stated, "India's reliance on domestic financing is balanced by strong local markets and ample reserves... Nevertheless, India's relatively higher debt weight and weak fiscal balance limit the available space to cope with persistent shocks."

Moody's stated that India is well-positioned to deal with future external volatility because its monetary policy framework is clear and predictable, inflation expectations are stable, and exchange rates are allowed to adjust when necessary. Moody's stated that India will enter any future global crisis with stronger and better safeguards, maintaining investor confidence in India's markets even during times of extreme uncertainty.

The report noted that several large emerging economies have successfully weathered the global disruptions over the past five years without sharp increases in financing costs or loss of access to capital markets, reflecting strong policy frameworks and improved macroeconomic resilience.