New Delhi: India's economy grew by 7.4 per cent in the fourth quarter of FY25. This is the highest growth in the last four quarters.
For the full year, GDP growth stood at 6.5 per cent. This is higher than the previous quarter's 6.4 per cent growth.
Experts believe the economy will keep growing, even with global challenges.
In FY26, GDP is expected to grow by 6.3 per cent, and inflation may fall to 3.7 per cent.
According to the data released by the National Statistics Office (NSO), the economy expanded 6.5 per cent in 2024-25 against a 9.2 per cent growth in 2023-24.
The NSO, in its second advance estimate of national accounts, had pegged the country's growth at 6.5 per cent for 2024-25.
China has registered an economic growth of 5.4 per cent in the first three months of 2025 (January-March 2025).
India’s economy grew faster in October–December 2024, with GDP rising by 6.2 per cent, up from 5.6 per cent in the previous quarter, thanks to stronger consumer spending. In the same quarter last year, the economy had grown faster at 9.5 per cent.
For the whole year 2024–25, India is expected to grow by 6.5 per cent, slightly more than the earlier estimate of 6.4 per cent. This is impressive, especially since last year’s growth (2023–24) was revised upward to 9.2 per cent, making it the second-highest in 12 years.
(With PTI Inputs)
