Deloitte pegs India's FY23 GDP growth in range of 6.5-7.1%

Amid rising inflation and global slowdown, Deloitte India expects the Indian economy to register a growth of 6.5-7.1 per cent in 2022-23 and 5.5-6.1 per cent in 2023-24. It also expects the upcoming festive season to boost the consumer sector. Credit growth in the industry and services sector has also risen remarkably. This indicates that prospects for capex investments by the private sector are brighter, added Deloitte.