New Delhi: The Confederation of Indian Industry (CII) has increased its GDP growth forecast for the current fiscal to 6.8% from 6.7% projected earlier. The GDP growth rate will accelerate to 7% in 2024-25. CII President R Dinesh said this.
‘In the beginning, we had said 6.5-6.7 per cent. Now, actually, we are saying it is going to be 6.8 per cent for this year, and we are looking at 7 per cent for next year. Obviously, the first half has given the comfort for 6.8 per cent. In fact, I would say it is a conservative number because if you look at what has happened in the first half, we are being conservative here’, said Dinesh.
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India’s economy recorded a growth of 7.7% in the first half of the current fiscal ended in September.
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