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ADB raises India’s growth forecast to 7% for FY25; FY26 growth at 7.2%

By Economic Times - 8 months ago
“The Government of India’s efforts to boost infrastructure development while undertaking fiscal consolidation and provide an enabling business environment will help in increased manufacturing competitiveness to augment exports and drive future growth,” said Mio Oka, ADB India director, noting India will retain its tag as fastest growing major economy. Indian economy likely grew 7.6% in FY24, according to government data.

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