New Delhi, May 1 -- The ongoing conflict in West Asia could emerge as both a challenge and an opportunity for India, with global brokerage Morgan Stanley projecting a sharp rise in domestic investments across energy, defence, fertilisers and data infrastructure, even as the country grapples with elevated risks from oil and fertiliser imports.

In its latest report Morgan Stanley said the geopolitical tensions are likely to accelerate India's push towards supply chain resilience and domestic capacity creation, resulting in additional cumulative investments worth USD 800 billion over the next five years.

"As such, we raise our investment rate forecast to 37.5 per cent of GDP in F2030 (36.5 per cent previously), with incremental cumulative ...