Moody's Forecasts India's Economy Growth
ECONOMY & POLICY

Moody's Forecasts India's Economy Growth

Moody's Analytics, a renowned global economic analysis firm, has projected a positive outlook for India's economy in 2024. According to their latest forecast, India's GDP is anticipated to expand by 6.1% in the upcoming year, reflecting a significant recovery from the challenges posed by the global pandemic.

The projected growth rate signifies a robust rebound for India's economy, showcasing resilience amidst uncertainties and disruptions. Moody's Analytics cites several factors contributing to this optimistic forecast, including the country's continued structural reforms, government initiatives to bolster investment, and the gradual revival of domestic demand.

India's economic landscape has witnessed dynamic shifts in recent years, with the government implementing various policy measures to stimulate growth and attract investments. Moody's Analytics acknowledges these efforts as instrumental in sustaining economic momentum and fostering a conducive environment for businesses.

Despite persistent challenges such as inflationary pressures and global economic fluctuations, India's growth trajectory remains promising. Moody's Analytics emphasises the importance of continued policy support and reforms to sustain the momentum and address lingering structural issues.

The forecast by Moody's Analytics aligns with other projections indicating a gradual recovery for India's economy. With improved vaccination coverage and a gradual easing of pandemic-related restrictions, economic activity is expected to gain further momentum, driving investment and consumption.

India's economic resilience and potential for growth have garnered attention from international investors and businesses. The country's large consumer base, expanding middle class, and vibrant entrepreneurial ecosystem present lucrative opportunities for growth and investment.

As India navigates through the challenges and opportunities on its path to recovery, strategic policy decisions and effective implementation will be crucial in realising its full economic potential. Moody's Analytics' optimistic forecast underscores confidence in India's economic prospects and underscores the importance of sustained efforts towards sustainable growth and development.

Moody's Analytics, a renowned global economic analysis firm, has projected a positive outlook for India's economy in 2024. According to their latest forecast, India's GDP is anticipated to expand by 6.1% in the upcoming year, reflecting a significant recovery from the challenges posed by the global pandemic. The projected growth rate signifies a robust rebound for India's economy, showcasing resilience amidst uncertainties and disruptions. Moody's Analytics cites several factors contributing to this optimistic forecast, including the country's continued structural reforms, government initiatives to bolster investment, and the gradual revival of domestic demand. India's economic landscape has witnessed dynamic shifts in recent years, with the government implementing various policy measures to stimulate growth and attract investments. Moody's Analytics acknowledges these efforts as instrumental in sustaining economic momentum and fostering a conducive environment for businesses. Despite persistent challenges such as inflationary pressures and global economic fluctuations, India's growth trajectory remains promising. Moody's Analytics emphasises the importance of continued policy support and reforms to sustain the momentum and address lingering structural issues. The forecast by Moody's Analytics aligns with other projections indicating a gradual recovery for India's economy. With improved vaccination coverage and a gradual easing of pandemic-related restrictions, economic activity is expected to gain further momentum, driving investment and consumption. India's economic resilience and potential for growth have garnered attention from international investors and businesses. The country's large consumer base, expanding middle class, and vibrant entrepreneurial ecosystem present lucrative opportunities for growth and investment. As India navigates through the challenges and opportunities on its path to recovery, strategic policy decisions and effective implementation will be crucial in realising its full economic potential. Moody's Analytics' optimistic forecast underscores confidence in India's economic prospects and underscores the importance of sustained efforts towards sustainable growth and development.

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?