ADB retains India’s 2024-25 GDP growth rate at 7%, 7.2% for next fiscal year
The Asian Development Bank has retained India’s GDP growth forecast at 7% for 2024-25 and 7.2% for 2025-26. The bank expects growth to accelerate in the coming quarters, driven by improvements in agriculture, industry, and services. Inflation forecasts have been adjusted due to higher food prices, while exports and private consumption are expected to improve.