Question
What is the revised projection for India’s GDP growth
in FY25, as per HSBC's forecast?Solution
HSBC has revised India’s GDP growth forecast for FY25 to 6.2%, which is lower than the official estimate of 6.4%. This reflects the challenges faced by the economy, including a disappointing Q2 growth rate of 5.4%. However, improvements in sectors like agriculture, exports, and construction are expected to support growth in the second half of the year.
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