India’s economy is forecasted to grow at 7-7.2% in FY25, according to Deloitte India. The forecast reflects strong economic fundamentals and consistent domestic policy reforms. Key drivers include initiatives from the Union Budget 2024-25 aimed at improving agriculture, creating jobs, and supporting MSMEs. Deloitte’s economist Rumki Majumdar cites reduced uncertainties, global liquidity improvements, and increased private sector investments as factors contributing to this growth. The forecast aligns with the RBI’s projection but exceeds the Finance Ministry’s estimate. Investors should watch for impacts on consumer spending and rural market opportunities.
India’s Economy to Grow at 7-7.2% in FY25: Deloitte
