India’s economy is forecasted to grow at an average of 6.7% between 2025 and 2031, reaching the $7 trillion milestone, according to CRISIL.
The growth will mirror the 6.6% seen in the pre-pandemic decade, driven by infrastructure investments and improved productivity. For FY 2024-25, GDP growth is projected at 6.8%, though high interest rates may slow urban demand. Inflation could drop to 4.5% due to lower food prices, though weather conditions and geopolitical risks may pose challenges. October 2024 exports surged 17.25% to $39.20 billion, showing manufacturing strength.