Moody’s Ratings projected India’s growth at 6.8% in 2024, followed by 6.5% in 2025. The prediction was driven by economic expansion and post-election policy continuity. The real GDP grew by 7.7% in 2023, with strong government spending and manufacturing activity. High-frequency indicators suggest sustained momentum in the economy. Moody’s expects 6-7% annual GDP growth with policy continuity and increased capital expenditure. Private investment outlook is positive, despite inflation volatility.
Moody’s projects 6.8 per cent GDP expansion in 2024 on strong growth, post-election policy continuity
