Despite geopolitical uncertainty, India's growth story shows signs of resilience: PHDCCI

New Delhi, Jan. 7 -- Despite geopolitical uncertainty and turbulent global landscape, India's growth story shows signs of resilience as real Gross Domestic Product (GDP) is estimated to increase to 7.4 per cent (Y-o-Y) in FY 2025-26 as compared to the 6.5 per cent (Y-o-Y) (provisional estimate) in FY 2024-25, said Rajeev Juneja, President of PHDCCI on Wednesday.

"The robust growth of more than 7 per cent real GDP is supported by impetus given by govt. expenditure and industry investment. Government Final Consumption Expenditure (GFCE) is estimated to increase to 5.2 per cent (Y-o-Y) and Gross Fixed Capital Formation (GFCF) to 7.8 per cent in FY 2025-26" Juneja said in a statement.

"Real GVA is estimated to grow at 7.3 per cent (first adva...