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ICRA pegs Q1 growth at 6.7% on capex, exports
The New Indian Express Madurai
|August 20, 2025
THE Indian economy is likely to grow at 6.7% in the June quarter, buoyed by the front-loaded capital expenditure by the government, along with higher exports to the US ahead of the higher tariffs, which is effective from this month, says a report.
As per ICRA Ratings, its forecast outpaced the RBI's Monetary Policy Committee's forecast of 6.5% earlier this month. The economy had clipped at 6.7% in June 2024 quarter. The agency sees gross value added (GVA) growth to fall to 6.4% in Q1 from 6.8% in Q4. Lower expansion in industrial sector (to 4% from 6.5% in Q4), and
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