Goldman Sachs projects India's GDP growth at 6.3% in 2025
New Delhi [India], November 24 (ANI): Multinational investment bank Goldman Sachs forecasts India's GDP growth to "decelerate" to 6.3 per cent in 2025, over continued fiscal consolidation and slower credit growth.
However, Goldman Sachs said India's strong long-term structural growth story remains intact, driven by favorable demographics and stable governance. It is also relatively more insulated against global shocks.
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