News > India's economy likely to grow by 6.5% in FY25, says EY Report

India's economy likely to grow by 6.5% in FY25, says EY Report

India's economy is likely to grow by 6.5% in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. Real GDP growth eased to a seven-quarter low of 5.4% in July-September — the second quarter of the current 2024-25 fiscal year. This was compared to 6.7% in the preceding quarter.