India 's status as the fastest - growing major economy in the world is at risk from the " grey swans " - unlike black ducks , grey swans are known - . Still The Sweet Spot Due To Ongoing Reforms”). They include an infrastructure investment gap equivalent to 0.5 % of GDP ; the slowdown of business - friendly reforms , including the long - awaited adoption of a goods and services tax ; and India 's reliance on foreign investment , leaving it vulnerable to attack should war break out in the Middle East .
India 's status as the fastest - growing major economy in the world is at risk from the " grey swans " - unlike black ducks , grey swans are known - . They include an infrastructure investment gap equivalent to 0.5 % of GDP ; the slowdown of business - friendly reforms , including the long - awaited adoption of a goods and services tax ; and India 's reliance on foreign investment , leaving it vulnerable to attack should war break out in the Middle East .