Indian economy to grow in range of 6.5-6.8% in FY25: Deloitte
Deloitte India on Tuesday projected India's GDP to grow at 6.5-6.8 per cent in the current fiscal and said India will have to adapt to the evolving global landscape and harness its domestic strengths to drive sustainable growth. In its Economic Outlook report, Deloitte India also said the country needs to decouple from global uncertainties and harness its domestic potential.
Budget with ET
Sitharaman has one job to do and it’s the most crucial one yet
Will Modi govt have something special for Nitish Kumar’s Bihar?
Budget should help in safeguarding India’s trade interests as Trump returns
Despite global and domestic challenges, India is moving up the global value chains, as highlighted by the rising share of high-value manufacturing exports, particularly in electronics and machinery and equipment.
Deloitte India, in its latest Economic Outlook, has revised its annual GDP growth projection for FY2024-25 to 6.5-6.8 per cent, with expectations for 6.7-7.3 per cent in the following year. The adjustment reflects the need for cautious optimism as the economy navigates rising global trade and investment uncertainties.
In its Economic Outlook report in October, Deloitte India had projected the country's economic growth higher at 7-7.2 per cent for the current fiscal.
«India will have to adapt to the evolving global landscape and harness its domestic strengths to drive sustainable growth. One way to do this would be through economic decoupling from global uncertainties and harnessing India's untapped potential. Several
