Textile & Apparel
Textiles
India’s GDP growth projected at 7% in FY25: FICCI survey
Jul 19, 2024
Insights
- India's GDP growth for FY25 is forecast at 7 per cent, with industry growth at 6.7 per cent, as per FICCI's survey.
- CPI-based inflation is projected at 4.5 per cent for FY24.
- Economists expect a repo rate cut by RBI in late FY25.
- The upcoming Union Budget may focus on industrial growth, employment, sustainable development, and MSME support.