India’s financial development could exceed 6% for the remainder of the last decade, driving extra investments from China into the South Asian nation, Goldman Sachs Group Inc.’s India economist stated.

The long run development potential is probably going “inching higher toward 6.5%, or slightly higher,” Santanu Sengupta stated in an interview with Bloomberg Television’s Haslinda Amin Friday. He forecast development at 6.3% for the following fiscal yr that begins in April, lower than Reserve Bank of India’s projection of seven%.