As we step into 2025, the anticipation and curiosity of what to expect is expected from all the readers. Many forecasters and economists would be keeping a close eye on the major economic indicators since we anticipate a lot more from the decisions coming from the new governor. This would be in line with the performance of the economy in December ’24 and January 2025. A prospect of a rate cut would be doing some amount of benefit, to the economy, to spur some amount of economic activity. Adding more jobs into the market, plus an increased level of trade would benefit the economy to tread along the lines of a growth trajectory.
On the job growth front, 2025 will see some promise in higher hiring patterns. This would mean a lot more in the service sector with hiring specialized skills and AI-driven businesses. It would spur some more growth in Tier I and II cities. In 2024, the performance had seen a bad phase with a decline of close to 6-7 percent in hiring. It is mainly driven by the macroeconomic factors and the global economic pressures. The slump was evident and caused many prospective employers to join the workforce. With 2025, the picture is likely to improve with many of the pending projects being approved and more people being hired to run the projects. The hiring would be more driven by experienced candidates taking better opportunities, also hiring in terms of new technologies such as Artificial Intelligence will see a rise.
With anticipation of increased spending from the government, corporations will likely improve the economy in terms of economic activity and add towards growth. In terms of the stock markets in 2025 will be a tricky place to navigate. Many attributes affecting last year's performance, with growing world economic tensions and weather patterns- being erratic affected heavily in the macroeconomic indicators’ performance. This will likely take a positive change going into the new year.
As per experts and various reports circulating in the market, the economy will likely see growth, post the February meeting of the Reserve Bank of India. In terms of investments, it will see some amount of growth in the sectors such as Information Technology, BPO-KPOs, banking as well as infrastructure projects. Financial services will likely do much better than what they did back in 2024.
From the trade and bilateral relations side, it shows more promise for more partnerships going into 2025. This will show stronger ties with many nations despite threats from the United States pulling up tariff barriers. This likely would bring more opportunities for the nation's citizens.
With these likely signs of growth, there is a glimmer of hope that the nation will climb back to better growth numbers by the end of the year.
Really good analysis