New Delhi, Feb. 27 -- India's economic growth outlook remains stable despite global uncertainties according to a report by Boston Consulting Group (BCG).
The retention of most forecasts indicates confidence in domestic economic resilience, supported by factors such as strong consumption, government infrastructure spending, and a robust services sector.
However, external risks, including geopolitical tensions and global economic slowdown, could pose challenges.
It says India's GDP growth for the financial year 2024-25 is expected to remain within the range of 6 per cent to 7 per cent year-on-year (YoY). The report highlighted that most economic growth forecasts were either retained or revised slightly during January and February 2025.
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