India’s GDP growth expected to reach 6.4% in Q3 FY25: ICRA
India’s GDP is expected to rise to 6.4 per cent in Q3 FY25 from 5.4 per cent in Q2, driven by higher government spending and exports. GVA growth is projected at 6.6 per cent, led by industry (6.2 per cent), services (7.7 per cent), and agriculture (4.0 per cent), according to ICRA. Investment activity improved, service exports hit a record $36.9 billion in Dec 2024, and merchandise exports rebounded.
India’s GDP is expected to rise to 6.4 per cent in Q3 FY25 from 5.4 per cent in Q2, driven by higher government spending and exports.
GVA growth is projected at 6.6 per cent, led by industry (6.2 per cent), services (7.7 per cent), and agriculture (4.0 per cent), according to ICRA.
Investment activity improved, service exports hit a record $36.9 billion in Dec 2024, and merchandise exports rebounded.
