India's GDP growth for FY2025 is expected to range between 5.5% and 6.5%, with a challenging second half ahead due to slowing performance across key sectors like manufacturing, construction, and services.

The Indian government is taking steps to achieve its economic growth target of 6.5%-7% this fiscal year, the economic affairs secretary said on Monday, after slower-than-expected growth from July to September.

India’s once-roaring economic growth hit a snag in the September quarter, expanding at its slowest pace in nearly two years.

GDP growth slides to 5.4% for quarter ended Sept 2024. India’s economy expanded at 6.7 per cent in the April-June quarter (Q1), marking the slowest pace in five quarters.

India's GDP growth is forecasted to decline to 6.8% in 2024-2025 due to rising interest rates and limited fiscal stimulus, according to Crisil. While

India's economic growth slowed to 5.4% in the second quarter of FY25. This decline is from 7.6% last year and 6.7% in the first quarter. Economists cite weaker consumption and bad weather as reasons.

India's economy is expected to have slowed in the July-September quarter, growing at the slowest pace in 18 months, weighed down by weak urban consumption following a rise in food prices despite an increase in government spending.

India’s GDP growth slowed to 5.4% in Q2 FY25, falling short of expectations, though the government maintains its FY25 target of 6.5%.

India's potential GDP growth is projected at 6.5-7% in 2024-25, according to the CEA. The forecast relies on investments in infrastructure and renewable energy.

The Indian government is taking steps to help the economy achieve the FY25 GDP growth target of 6.5%-7%, the country's economic affairs secretary said on Monday.

India's potential GDP growth rate lies in the range of 6.5–7%, a target that is achievable due to extensive reforms implemented over the past decade, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Monday.