India’s Economic Growth Projected at 7-7.2% for FY25:
India’s latest Economic Outlook projects that India’s economy will grow between 7.0% and 7.2% in the fiscal year 2024-25, despite a recent slowdown where GDP expanded by only 6.7% year-on-year in Q1 of FY25. This growth is driven by favorable domestic conditions, including strong manufacturing activity, stable oil prices, and anticipated easing of U.S. monetary policy, which could boost capital inflows. The Reserve Bank of India (RBI) supports this outlook with a growth projection of 7.2%, reflecting confidence in India’s economic resilience.
