📌 Summary:
India’s economy expanded by 7.4% in the January-March 2025 quarter, surpassing expectations. For the fiscal year 2024-25, the GDP growth stands at 6.5%, marking a four-year low. The construction sector led the growth, with a 10.8% increase in Q4.
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India’s Gross Domestic Product (GDP) grew by 7.4% in the fourth quarter (January-March) of the fiscal year 2024-25, according to data released by the Ministry of Statistics and Programme Implementation. This marks the highest quarterly growth since early 2024 and surpasses analyst expectations.
For the entire fiscal year, the economy expanded by 6.5%, a decline from the 9.2% growth recorded in the previous year. Despite this slowdown, India continues to be one of the fastest-growing major economies globally.
The construction sector was a significant contributor to the growth, with a 10.8% increase in Q4. Other sectors such as public administration, defense, and financial services also showed robust performance.
Economists attribute the strong Q4 performance to increased government spending, improved tax collections, and a rebound in private consumption. However, concerns remain about the sustainability of growth, with challenges in urban demand and global trade uncertainties.
Looking ahead, analysts project a growth rate of around 6.3% to 6.6% for the fiscal year 2025-26, contingent on domestic demand and global economic conditions.
✅ Tags: India GDP, Economic Growth, Business News, Fiscal Year 2024-25, Construction Sector