ADB forecasts India's economy to grow at 6.7% in FY25; RBI revises forecast to 6.5%. Key sectors to drive growth.
India's economy is poised to expand at 6.7% in FY25, fueled by internal demand, rural income surge, and controlled inflation, as per the Asian Development Bank (ADB)
India's economy is poised to expand at 6.7% in FY25, fueled by internal demand, rural income surge, and controlled inflation, as per the Asian Development Bank (ADB). The Reserve Bank of India (RBI) has adjusted its growth prediction to 6.5%. Major sectors such as services, agriculture, and manufacturing are anticipated to make substantial contributions to this growth. Potential risks to this growth trajectory include US tariffs and the prevailing global economic uncertainty.