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India set for 7% growth in FY25 despite global challenges

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Content Team
Image Credit: newsbytes

Deloitte South Asia's CEO, Romal Shetty, has projected a promising economic outlook for India in the current fiscal year (FY). Despite global challenges, the country is expected to achieve a growth rate of 7%. This forecast comes amid an otherwise bleak international economic scenario. Shetty highlighted that inflation is reasonably under control and there has been an increase in rural demand and vehicle sales.