India's real GDP growth to come in at 6.2% in FY25, 6.5% in FY26: HSBC

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India's real GDP growth to come in at 6.2% in FY25, 6.5% in FY26: HSBC - Business Standard

Quick Summary:

It said 65 per cent of the indicators are growing at a positive clip in the December quarter compared to 55 per cent in the July-September period, and added that improvements have been the clearest in agriculture, exports, and construction.

The Q2FY25 growth number at 5.4 per cent was disappointing, HSBC said in a report, adding that it expects the gross value added growth in the December quarter to go up to 6.5 per cent.

Real GDP growth will come lower than the official estimate at 6.2 per cent in the ongoing fiscal year and inch up to 6.5 per cent in FY26, a foreign brokerage said on Tuesday.