India's Economic Resilience: GDP Growth Projected at 6.6% for Q3 FY25

Despite global headwinds, India's GDP is expected to grow at 6.6% in Q3 FY25, according to a recent Bank of Baroda report. While lower than the 8.6% growth in Q3 FY24, the economy remains robust, supported by agriculture, government spending, and services. The government's capital expenditure has surged to 47.7%, boosting construction activity in key sectors. Agriculture is projected to grow at 4.5%, while services are expected to expand by 6.9%. However, manufacturing growth may moderate to 6% due to base effects. This forecast underscores India's economic resilience amid challenging global conditions.

 

Sources: Pune News, Doordarshan News, Economic Times,