Modi win engenders hopes for India's sluggish economy

India's Prime Minister Narendra Modi takes his oath at the presidential palace in New Delhi May 26, 2014. REUTERS/Adnan Abidi

NEW DELHI (Reuters) - India's economy probably showed few signs of recovery in the March quarter, but Narendra Modi's thumping victory in the recent general election has raised hopes of an investment-led turnaround in the coming quarters.

A Reuters poll of 48 economists predicts no clear improvement in Asia's third-largest economy, which is likely to have grown by 4.8 percent from a year earlier, a tad better than 4.7 percent in the quarter to end-December. The GDP data is due at 1200 GMT on Friday.