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Indian economy to grow 6.5% in FY2019, 7.2% in FY2020: ADB

Indian economy to grow 6.5% in FY2019, 7.2% in FY2020: ADB

Sep 25, 2019, at 05:42 pm

Tokyo: The Asian Development Bank (ADB) has revised its outlook for India’s economy, with growth now expected at 6.5% in fiscal year (FY) 2019, following weaker expansion in the first quarter of the year with slower growth in consumption and investment affecting the manufacturing and service sectors.