Overview
- A Bloomberg poll pegs April–June GDP growth at 6.6%, aligning with a mid‑6% consensus from recent previews.
- ICRA estimates GDP at about 6.7%, SBI Ecowrap places it at 6.8%–7%, and DBS forecasts 6.5% with GVA near 6.3%.
- Gross value added is expected around 6.4%, reflecting a GDP–GVA gap linked to stronger indirect tax collections in the quarter.
- Analysts point to front‑loaded exports, a good monsoon supporting rural demand, and policy-driven capex as the primary near‑term drivers.
- Sectoral forecasts flag moderation in manufacturing and broader industry toward roughly 4% GVA and a slower services pace near 6.5%, with official figures due Aug. 29.