ADB projects India’s economy to grow at 6.7% in FY25, RBI revises forecast to 6.5% amidst key sector optimism

India’s economic growth is expected to reach 6.7% in FY25, fueled by domestic demand and rural income growth, as per the Asian Development Bank (ADB). The Reserve Bank of India (RBI) has also revised its growth forecast to 6.5% for the same period. Key sectors such as services, agriculture, and manufacturing are anticipated to play a vital role in driving this growth. However, risks loom large in the form of US tariffs and global economic uncertainties. The projections highlight the resilience and potential of India’s economy amidst the evolving global landscape.

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