SBI projects India's GDP growth to be 6.3 per cent in FY25 with a downward bias due to challenges. This is below the previous year's estimate of 6.4 per cent and four-year low. Real GDP growth is expected to decelerate,

India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower end of government's initial projection, dragged by a weaker manufacturing sector and slower corporate investments.

SBI revised India's FY25 GDP growth forecast to 6.3%, slightly below the NSO's 6.4%. The bank noted challenges including a slowdown in lending and manufacturing, with expectations for slower growth re

India's economy is expected to grow by 6.4% in FY25, the slowest in four years, due to weak manufacturing and low investments, per the National Statistical Office. Economists suggest the government take measures in the upcoming budget to boost growth.

India's GDP growth for 2024-25 is projected at 6.4%, a four-year low, as per NSO data. Manufacturing growth slows to 5.3%, and services to 5.8%, while agriculture improves to 3.8%. Nominal GDP is estimated at Rs 324.

India's GDP is estimated to grow at 6.4 per cent for the financial year 2024-25, the growth is at a four year-low level: MoSPI data. Check Key Takeways from the data

The slower expansion of Asia’s third largest economy comes in the wake of higher interest rates amid elevated inflation, especially of food commodities.