India’s Economy 2025: Growth Amid Global Slowdown
Written by PT Despite global economic uncertainties, India’s economy continues to be one of the fastest-growing major economies in the world. According to recent estimates, India’s GDP growth for FY 2025 is projected between 6.5% and 7% , driven by strong domestic demand , manufacturing expansion , and digital transformation . Key Highlights: GDP Growth: 6.7% (expected for FY2024–25) Inflation : Stable around 4.5% Forex Reserves : Above $640 billion , providing strong currency stability Fiscal Deficit : Targeted at 5.1% of GDP Rupee Outlook : ₹83–₹84 per USD (stable despite global pressure) Major Growth Drivers Infrastructure Push – ₹11 lakh crore capital expenditure in Union Budget 2025 Manufacturing Rise – “ Make in India ” and PLI schemes boosting electronics and EV sectors Digital & Fintech Boom – India leads globally in UPI transactions and digital payments Exports Growth – Software, pharma, and service exports remain strong...