Deloitte India on Friday said it estimates India’s GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows.
In its India’s economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising
Inflation is expected to remain above the Reserve Bank of India's target level of 4 per cent over the forecast period due to strong economic activity, Majumdar said.
Deloitte India predicts India s GDP growth at 6.6% in the current fiscal, citing factors like consumption, exports, and capital inflows. The middle-income class s rise boosts purchasing power, spurring demand for luxury goods. Concerns over inflation and geopolitical uncertainties persist. Deloitte advocates corrective measures like rural employment and infrastructure investment to sustain household spending.
**India s FY25 GDP Growth Projected at 6 6% by Deloitte** devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
India's GDP to grow 6.6 per cent in the current financial year 2024-25, helped by consumption expenditure, exports rebound and capital flows, says a Deloitte report