Industry Leader’s Optimistic About India’s Economic Growth: Survey

Business leaders find the country’s economic growth between 6 to 6.9 percent in the financial year 2025-26, an appropriate growth rate to improve the ease of doing business, a survey revealed. Industry leaders anticipate technological advancements to play a pivotal role in driving India’s growth in the upcoming fiscal year.

Analyzing responses from over 155 industry stakeholders across sectors, the Grant Thornton pre-budget survey showed that respondents were optimistic about India’s economic outlook.

“… With the majority expecting growth between 6-6.9 per cent in FY 2025-26. About 22 percent of respondents anticipate a stronger growth rate in the range of 7-7.9 percent,” it said.

The objective of the survey was to assess the expectations, growth factors, and priority reforms to provide a comprehensive outlook on industry demands for the upcoming budget from the responses it gathered from industry stakeholders.

Also Read: 58% Of Establishments Were Headed By Women In 2023-24: Survey

“By aligning scale policies with these priorities, Budget 2025 can act as a catalyst for growth, while ensuring equity and efficiency in the economy,” it said.

The Union Budget for 2025-26, is scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1. The Budget will be presented amidst global economic uncertainties and moderating domestic growth.

Grant Thornton said the survey respondent called for regulatory coordination among banking, securities, and insurance bodies, while the tech sector sought easier access to capital and tax incentives for blockchain and AI innovation.