India's GDP Growth Likely to Rise 6.5% in 2013, Says Goldman Sachs

November 29, 2012 10:14 AM IST

India's economic growth is likely to accelerate to 6.5 percent in 2013 backed by favourable external sector demand outlook and a pick-up in domestic reforms, Goldman Sachs said in a report on Thursday.

The Indian economy is likely to grow at 7.2 percent in 2014, compared with 5.4 percent in 2012, the report said.

According to a Reuters poll, India's economy expanded near its slowest pace in three years in the quarter to September at 5.4 percent.

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