New Delhi, March 14 -- India's economic growth remains resilient despite global macro-economic challenges, supported by favourable interest rate and liquidity conditions, according to a report by HSBC Mutual Fund.

The report stated that the interest rate and liquidity cycle in the country remain supportive of a pick-up in growth going forward.

It also added that India's investment cycle is expected to remain on a medium-term uptrend, supported by government spending on infrastructure, policy support for manufacturing and a pickup in private investments.

It stated "We believe India's growth remains quite resilient despite the global macro-economic challenges. Interest rate and liquidity cycle are supportive of a pick-up in growth going ...