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 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.

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 potential GDP growth is projected at 6.5-7% in 2024-25, according to the CEA. The forecast relies on investments in infrastructure and renewable energy.

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. The government expects growth to accelerate in the second half of the year,

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 rate lies in the range of 6.5–7%, a target that is achievable due to extensive reforms implemented over the past decade, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Monday.