India’s GDP growth is estimated at 6.8 per cent YoY in Q4 FY25, driven by strong private consumption and services.
Ind-Ra expects FY25 GDP growth at 6.3 per cent.
Retail inflation hit a 69-month low of 3.2 per cent in April, boosting demand.
Industrial growth slowed to 4 per cent, while exports rose 6.1 per cent and imports declined 2.7 per cent due to weak commodity prices.
