India’s economy is poised for robust growth of 6.6-6.8% this financial year, buoyed by easing global energy prices and normalized Strait of Hormuz shipments. Inflation is expected to remain manageable around 4.5%, with the current account deficit projected at 1.5% of GDP. Strong domestic demand, particularly in consumption and investment, remains the primary growth engine, supported by healthy manufacturing and services activity.India’s economy is poised for robust growth of 6.6-6.8% this financial year, buoyed by easing global energy prices and normalized Strait of Hormuz shipments. Inflation is expected to remain manageable around 4.5%, with the current account deficit projected at 1.5% of GDP. Strong domestic demand, particularly in consumption and investment, remains the primary growth engine, supported by healthy manufacturing and services activity.
