ICRA recently projected that India’s YoY GDP expansion will dip to 6.5 per cent in Q2 FY25 from 6.7 per cent in Q1.
The growth in gross value added is estimated to ease to 6.6 per cent in Q2 FY25 from 6.8 per cent in Q1.
ICRA expects a back-ended pick-up in economic activity to boost the GDP and GVA growth in H2 FY25, leading o a full-year expansion of 7 per cent and 6.8 per cent respectively.
The growth in gross value added is estimated to ease to 6.6 per cent in Q2 FY25 from 6.8 per cent in Q1.
ICRA expects a back-ended pick-up in economic activity to boost the GDP and GVA growth in H2 FY25, leading o a full-year expansion of 7 per cent and 6.8 per cent respectively.
