After strong year-over-year growth in 2023, the expansion of India's gross domestic product continuously shrank throughout 2024, resulting in 5.4 percent growth between June and September. This is the lowest quarterly figure since the final quarter of 2022,

The OECD has raised India's 2024-25 growth forecast to 6.8%, driven by investments and agricultural output. Strong domestic demand and infrastructure spending are expected to maintain nearly 7% growth in the following two years.

(Reuters) - The Indian government is taking steps to help the economy achieve the FY25 GDP growth target of 6.5%-7%, the country's economic affairs secretary said on Monday. The government expects growth to accelerate in the second half of the year, Ajay Seth said.

India's GDP growth is expected to rise to 6.7 per cent in the second half (H2) of the fiscal year, pushing the overall growth rate for 2024-25 to 6.4 per cent, according to a J P Morgan report.

The Indian government is taking steps to achieve its economic growth target of 6.5%-7% this fiscal year, the economic affairs secretary said on Monday, after slower-than-expected growth from July to September.

India's GDP growth is projected to be 6.5-7% in 2024-25, supported by progress made over the past decade in infrastructure and financial inclusion, according to Chief Economic Advisor V Anantha Nageswaran.