Indias external sector risks have risen since last year

The greatest challenge facing the Indian economy is exposure to external shocks such as interest rate hike in the US and slowdown in China, and the risk has risen since last year, a Moody's poll said on Monday.
About 75 per cent of the market players and investors polled expect India's economic growth to be in the range of 6.5-7.5 per cent over the next 12-18 months.
The findings were part of the poll of 110 market participants, including some of India's largest investors, intermediaries and issuers, conducted by Moody's Investors Service earlier this month.
Of those polled, 35 per cent saw external shocks as the "greatest challenge facing the economy", up from just 10 per cent in the previous May 2015 poll.
In contrast, 32 per cent felt there is a sluggish reform momentum and 19 per cent saw infrastructure constraints, down from 47 per cent and 38 per cent, respectively, in May 2015.