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India’s GDP rebound offers comfort to Narendra Modi’s government

  • India's economy expanded a little over 6 percent in the December quarter, as official data showed on February 28, 2025, marking an uptick from the previous quarter.
  • India slightly revised its growth projection for the fiscal year through March 2025 to 6.5 percent, up from 6.4 percent, according to data from India's statistics ministry.
  • Chief Economic Adviser V. Anantha Nageswaran stated that the latest projections reaffirm India's growth rate, as it continues to stand out among peer groups.
  • Economists suggested that achieving the 6.5 percent growth target requires over 7 percent growth in the March quarter, which might be a challenging goal, as noted by Teresa John of Nirmal Bang Institutional Equities.
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NDTV Profit broke the news in on Friday, February 28, 2025.
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