IND-Ra has raised FY25 GDP growth forecast to 7.5%.
Economy Business
India Ratings and Research (Ind-Ra) has revised its GDP growth forecast for FY25 to 7.5%. This adjustment comes amid expectations of strong demand in the economy. Ind-Ra’s updated projection reflects optimism about sustained economic activity and recovery, driven by factors such as robust consumption and investment. The agency's forecast indicates confidence in India’s economic resilience and potential for growth despite global uncertainties. The revision aligns with broader economic indicators suggesting a positive trajectory for the country's economic performance in the coming fiscal year.
Ind-Ra cites strong domestic consumption and investment as key drivers for the revised growth forecasts.
The upgrade reflects confidence in India’s economic stability amid global economic challenges.
Chairman, MD & CEO : Rohit Karan Sawhney
Established: 1995
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