CII President forecasts India's GDP growth to 8% in 2024-25, higher than RBI's 7.2% projection.
CII President Sanjiv Puri anticipates India's GDP growth to accelerate to 8% in 2024-25, higher than the Reserve Bank of India's projection of 7.2% for the current fiscal year. This forecast is based on expectations of the Modi-led NDA government implementing second-generation reforms and improved global trade growth rates in the next two years. The CII expects agricultural growth at 3.7%, industry at 8.4%, and services at 9% in 2024-25.
June 13, 2024
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