Crisil bumps up India's GDP growth forecast to 7%

Business Nov 29, 2025

Crisil just raised its GDP growth forecast for India this year to 7%, up from 6.5%.
This comes after the economy grew faster than expected in the first half of the current financial year, with an impressive 8% jump.
Chief Economist Dharmakriti Joshi shared that Q2 real GDP hit 8.2%, even as inflation cooled off.

What's powering the growth?

The main boost came from people spending more, thanks to lower food prices making it easier to buy non-essentials. Manufacturing and services also saw solid gains.
Joshi expects these good vibes to continue into Q3, with steady government spending and private investments slowly picking up.

Why is this happening?

Growth is getting a push from things like GST tweaks, income tax cuts, and lower interest rates after RBI's policy changes—all helping people spend more and keeping the economy buzzing.