Delhi, 13 November (H.S.): Global rating agency Moody's Ratings on Thursday projected that India's economic growth rate (GDP) will be 7% in 2025 and 6.5% the following year.In its 'Global Macro Outlook,' Moody's presented a positive forecast for the Indian economy, noting that growth is supported by strong infrastructure spending and solid consumption.

However, the agency observed that the private sector remains cautious about business capital expenditure.Moody's expects the Indian economy to continue growing at approximately 6.5% in 2026 and 2027, aided by a neutral-to-accommodative monetary policy stance amid low inflation.

The agency stated its expectation that India will remain the fastest-growing economy among G20 nations, expanding at a rate of 6.5% until 2027, supported by domestic and export diversification. The real GDP growth for the 2025 calendar year is forecast to be 7%, up from 6.7% in 2024.

For China, Moody's projects the economy will grow by 5% in 2025, backed by government stimulus and robust exports, with GDP growth potentially slowing to 4.2% by 2027. The rating agency also noted that global GDP growth is estimated to be between 2.5% and 2.6% in 2026 and 2027, down from 2.6% in 2025 and 2.9% in 2024.

Hindusthan Samachar / Jun Sarkar