GDP growth seen at 6.9 pc in Q4FY25

India’s GDP is expected to rise to 6.9% on-year in Q4FY25 from 6.2% in Q3FY25, ICRA has said in a report. The projection is significantly undershooting the National Statistical Office’s (NSO) implicit estimate of 7.6% for the quarter. The growth in Gross Value Added (GVA) is expected to see only a modest uptick, at 6.3% in Q4 versus 6.2% in Q3, led by a slight improvement in industrial activity and steady trends in services and agriculture. GVA in the industrial sector is seen rising to 4.8% from 4.5%, while services is projected to grow to 7.5% (up from 7.4%), and agriculture to moderate slightly to 5.5% (from 5.6%), as per a report.

Please visit our YouTube channel iKargos YouTube Channel for more information regarding international logistics.