India's GDP growth forecast for FY25 has been revised downward by experts due to a slowdown in consumption and weak government capital expenditure.

Morgan Stanley has adjusted its estimate to 6.3 percent from 6.7 percent, while Bank of America has lowered its projection to 6.5 percent.

Agriculture has underperformed expectations, while services have shown resilience despite a broad-based industrial slowdown.

The industrial sector is a cause for concern, with indicators signaling a decline, and public capital expenditure is also being scrutinized.

Citi Research suggests that the industrial slowdown may be partly due to one-off events and an unfavorable base effect.

Inflation for the third quarter is expected to exceed the Reserve Bank of India's forecast, further adding to the economic outlook pressure.