India's GDP growth for FY2025 is expected to range between 5.5% and 6.5%, with a challenging second half ahead due to slowing performance across key sectors like manufacturing, construction, and services.

The Indian government is implementing steps to achieve its economic growth target of 6.5%-7% in the current fiscal year, the country's economic affairs secretary said on Monday, after slower-than-expected growth from July to September.

India’s once-roaring economic growth hit a snag in the September quarter, expanding at its slowest pace in nearly two years.

India's potential GDP growth is projected at 6.5-7% in 2024-25, according to the CEA. The forecast relies on investments in infrastructure and renewable energy.

India's economy is expected to have slowed in the July-September quarter, growing at the slowest pace in 18 months, weighed down by weak urban consumption following a rise in food prices despite an increase in government spending.

India's GDP growth is forecasted to decline to 6.8% in 2024-2025 due to rising interest rates and limited fiscal stimulus, according to Crisil. While Q2 growth was only 5.4%, positive indicators suggest a potential rebound in Q3.