S&P Global: India set for 'resilient' growth in 2025
Financial Express Bengaluru|December 11, 2024
RIDING ON URBAN CONSUMPTION
FE BUREAU

THE INDIAN ECONOMY is set for resilient growth in 2025 on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure, S&P Global Ratings has said in its 'India Outlook for 2025' note.

For the current financial year, the global ratings agency has retained its growth projection at 6.8%, and for FY26, it has projected growth to rise to 6.9%. S&P Global's FY25 growth forecast is 20 basis points (bps) higher than the Reserve Bank of India's (RBI) projection of 6.6%.

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