India's GDP growth for FY2025 is expected to range between 5.5% and 6.5%, with a challenging second half ahead due to slowing performance across key sectors like manufacturing, construction, and services.

The Indian government is taking steps to achieve its economic growth target of 6.5%-7% this fiscal year, the economic affairs secretary said on Monday, after slower-than-expected growth from July to September.

India’s once-roaring economic growth hit a snag in the September quarter, expanding at its slowest pace in nearly two years.

India’s economic growth took a significant hit in the July-September quarter (Q2FY25), with GDP expanding by just 5.4%, the slowest pace since Q3FY23. This marked a sharp drop from the 8.1% growth recorded in the same quarter last year and a decline from the 6.

India’s GDP growth slowed to 5.4% in Q2 FY25, falling short of expectations, though the government maintains its FY25 target of 6.5%.

The Indian government is taking steps to help the economy achieve the FY25 GDP growth target of 6.5%-7%, the country's economic affairs secretary said on Monday.

India is poised to achieve its potential GDP growth of 6.5–7% backed by a decade of reforms, says CEA. Investment in renewable infrastructure and grid capabilities key for green growth.

India's GDP growth is projected to be 6.5-7% in 2024-25, supported by progress made over the past decade in infrastructure and financial inclusion, according to Chief Economic Advisor V Anantha Nageswaran.

India’s potential GDP growth is in the range of 6.5-7 per cent and the country should be able to achieve it on the back of things that done already in the last 10 years, Chief Economic Advisor V Anantha Nageswaran said on Monday.

The Indian government is striving to meet its economic growth target of 6.5%-7% for the current fiscal year by boosting spending on infrastructure and increasing incentives for electric vehicle manufacturers.