Diabytes
FY 25 News
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Despite the weakness in urban consumption, companies remain optimistic about a recovery in the coming quarters. Most managements expect a pickup in volume growth within the next 1–2 quarters.
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In addition to the Q3FY25 GDP data, the government will also release the second advance estimate for the full-year GDP of FY25.
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This unprecedented performance underscores the transformative impact of the production-linked incentive (PLI) scheme, which has redefined India’s electronics manufacturing landscape
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In earlier years, such adjustments were common but followed a consistent pattern of downward revisions.For instance, growth forecasts for FY22 and FY23 were downgraded by an average of 90 basis points (bps).
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