First Advance Estimate Pegs India’s GDP Growth At 6.4% For FY25: CareEdge's Analysis

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

CareEdge Report

India's gross domestic product growth for FY25, as per First Advance Estimate, has been reported at 6.4% compared to 8.2% growth recorded in FY24.

The estimated growth for FY25 is slightly below our projection of 6.5% and also falls short of the Reserve Bank of India's forecast of 6.6%. The positive aspect is that the economic growth is estimated to pick up in H2 after touching the trough in Q2 FY25. GDP growth is estimated at 6.7% in H2 FY25 compared to 6% growth recorded in H1. In nominal terms, GDP growth is projected at 9.7% for FY25.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.