New Delhi, Feb. 19 -- India's economic growth over the next 15 months may benefit from the lagged impact of pastcapital expenditure and strong rural demand amid slowing consumer spending, SBI Capital Markets Ltd (SBICap) said in a report on Wednesday.

India's gross domestic product (GDP) growth slowed to 5.4% in July-September (the second quarter of 2024-25), the slowest in seven quarters. The government's first advance estimate projects India's GDP growth in FY25 at 6.4%, the weakest in four years.

According to economic growth estimates released by SBI Research on Wednesday,India's GDP likely grew at 6.2-6.3% in the October-December.

Rural demand is expected to stay strong supported by a good monsoon, a robust kharif harvest, promisin...