S&P Global, Morgan Stanley peg India's GDP growth at 6.4% in 2024

Those at Goldman Sachs, on the other hand, see the Indian economy growing a tad lower at 6.3 per cent in the year ahead.

India’s economic growth – as measured by the gross domestic product (GDP) – is likely to average out at 6.4 per cent for fiscal 2024 (ending March 2024) and in FY25, according to a note by S&P Global. The rating agency has cautioned against high food inflation and weak exports, which it believes, can cast a shadow on growth in the years ahead.

“We have revised up our projection for India's GDP growth for fiscal 2024 (ending March 2024) to 6.4 per cent from 6 per cent, as robust domestic momentum seems to have offset headwinds from high food inflation and