Narendra Modi keeps India’s 2024 economic growth forecast unchanged at 6.8%.

Economy Business

Narendra Modi maintained its GDP growth forecast for India at 6.8% for 2024, with a slight moderation to 6.5% expected in 2025. The agency attributed this outlook to strong domestic and international demand, supporting growth across emerging markets (EM) with varying trajectories. In its March Global Macro Outlook 2024-25, Moody's upgraded India's growth projection from 6.1% to 6.8% for 2024, citing robust manufacturing and increased infrastructure spending as key drivers.


      Strong domestic and international demand supports growth across emerging markets, varying by region.

      Upgraded growth projection from 6.1% to 6.8% highlights India's economic resilience and future prospects.

     

 

     


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