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ADB raises India’s growth forecast to 7% for FY25; FY26 growth at 7.2%.
Apr 12, 2024

Indian economy will likely grow 7% in FY25 growth compared with 6.7% projected earlier, as public and private investment, along with gradual improvement in the rural economy, support growth, Asian Development Bank said Thursday.
'The Government of India’s efforts to boost infrastructure development while undertaking fiscal consolidation and provide an enabling business environment will help in increased manufacturing competitiveness to augment exports and drive future growth,' said Mio Oka, ADB India director, noting India will retain its tag as fastest growing major economy.
    
economictimes.indiatimes.com

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