Moody’s Ratings has revised its economic growth projections for India, painting a more optimistic picture for the country’s economy in the coming years.
The global rating agency now expects India’s real GDP growth to reach 7.2% in 2024, a significant increase from its previous forecast of 6.8%. This upward revision suggests growing confidence in India’s economic resilience and recovery.
Looking further ahead, Moody’s has also raised its growth estimate for India in 2025. The agency now projects a 6.6% GDP growth for 2025, up from its earlier estimate of 6.4%.
These improved forecasts indicate that Moody’s anticipates stronger economic performance from India over the next two years, potentially driven by factors such as increased domestic demand, policy reforms, and global economic conditions.
This positive outlook from a major international rating agency could boost investor confidence and support India’s economic aspirations on the global stage.
