India revises GDP growth forecast to 6.4%, lowest since COVID-19 pandemic
India has revised its economic growth projection for the year to March 2025 to the lowest since the COVID-19 pandemic. GDP growth is now expected to come in at 6.4% — sharply below the 8.2% growth from the previous fiscal year. This, as consumers cut back on spending and government investment eased. DBS Bank senior economist Radhika Rao shared more about what the figures mean for India.
India has revised its economic growth projection for the year to March 2025 to the lowest since the COVID-19 pandemic. GDP growth is now expected to come in at 6.4% — sharply below the 8.2% growth from the previous fiscal year. This, as consumers cut back on spending and government investment eased. DBS Bank senior economist Radhika Rao shared more about what the figures mean for India.
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