Daijiworld Media Network- New Delhi

New Delhi, Mar 26: Global ratings agency S&P Global Ratings has projected India’s economic growth at 6.5% for the upcoming fiscal year, citing strong domestic demand and robust investment activity as key drivers.

According to S&P, India’s economy remains resilient despite global uncertainties, with sustained government spending on infrastructure and a steady expansion in the manufacturing and services sectors. The agency also noted that policy stability and ongoing structural reforms continue to support long-term growth prospects.

However, S&P cautioned that external risks, including global geopolitical tensions and inflationary pressures, could pose challenges. Despite this, India is expected to remain one of the fastest-growing major economies globally.

The latest forecast aligns with projections from other financial institutions, reinforcing confidence in India's economic trajectory.