India's Strong 2025 Growth Outlook

  Published 11 months ago

India's 1Q25 GDP hit 7.4%, driven by manufacturing, services, and construction amid robust public spending.

  • Manufacturing, services, and construction surged 4.8%-10.8% YoY in 1Q25, offsetting weaker agriculture.
  • OPEC projects 6.3% quarterly growth in 2025 as capex-driven spikes ease, with inflation below the 4% target.
  • 2026 growth may hit 6.5% as US tariffs ease and new UK trade deals boost external demand.

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