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Ficci Lowers India's GDP Growth Forecast for FY25 to 6.4%
Hindustan Times Rajasthan
|January 17, 2025
Industry body Ficci on Thursday lowered India's growth projection for the current financial year to 6.4% from 7% estimated earlier.
NEW DELHI:
According to Ficci's Economic Outlook Survey, the revised projection is in line with the broad expectations and reflects a notable slowdown vis-à-vis 8.2% GDP growth recorded in 2023-24.
"...FICCI's Economic Outlook Survey projects an annual median GDP growth forecast of 6.4% for 2024-25. The forecast in the current survey marks a moderation from 7.0% estimate (for 2024-25) put out in the previous round conducted during the month of September last year," it said.
The survey was conducted in December 2024 and drew responses from leading economists representing industry, banking and financial services sector.
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