Industry welcomes RBI's 44‑month rate increase, calls for data‑driven tightening

Business representatives lauded the RBI’s decision to lift the policy repo rate after nearly four years, describing it as in step with global central‑bank actions and domestic inflation risks. However, they warned that any additional tightening should be guided by real‑time economic indicators, ensuring that credit continues to reach manufacturing, logistics and energy supply chains. The statement highlighted strong private consumption, resilient investment, flexible exports and robust PMI readings as pillars of the current growth trajectory.