Investment Information and Credit Rating Agency (ICRA) expects India’s GDP to grow 6.4% in Q3 FY25, up from 5.4% in Q2, supported by strong government capital expenditure and export recovery. Sectors like mining and electricity improved, while festive demand helped some consumer-focused industries. However, uneven consumption remains a concern. The National Statistical Office will release official Q3 growth data on February 28. Investors will watch for policy signals as government spending remains a key driver of economic momentum.
