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Deloitte Forecasts 6.5-6.8% Growth for Indian Economy in FY25

share-iconMonday, December 30 comment-icon3 weeks ago 4 views
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indiatimesINDIATIMES
Deloitte Forecasts 6.5-6.8% Growth for Indian Economy in FY25

Credited from: INDIATIMES

  • Deloitte's new report predicts economic growth for India at 6.5-6.8% for the fiscal year 2025.
  • The forecast indicates growth may rise to 6.7-7.3% in fiscal year 2026.
  • Economic performance in the first half of FY25 was slower than expected due to various challenges.
  • Factors impacting demand and exports included election uncertainties, heavy rainfall, and geopolitical events.
  • This analysis highlights the importance of consumption as a key driver for growth.

For more details, visit the original article here.

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