India’s Economic Growth 2025

Published on 25 Oct 2025

• The Indian economy grew 6.5% in fiscal year 2024-25 and 7.4% in the quarter ending March, according to data released by the National Statistical Office (NSO).

• The International Monetary Fund (IMF) also projects that India will overtake Japan in economic size by the end of the year, reaching $4.18 trillion.

            Key Findings:

• The gross value added (GVA): grew 6.8% in the first three months of 2025, compared to a revised expansion of 6.5% in the previous quarter. 

• GVA strips out indirect taxes and government subsidy payouts, which tend to be volatile.

• Private consumption: rose by 7.2% year-on-year, up from 5.6% in the previous fiscal.

• Agriculture grew 4.6% (vs. 2.7% last year).

• Construction grew 9.4% (vs. 10.4%).

• Manufacturing slowed to 4.5% (from 12.3%).

https://www.hindustantimes.com/ht-img/img/2025/05/30/original/economy_1748637362133.JPG

Keywords:

India’s Economic Growth 2025 National Statistical Office NSO Economy International Monetary Fund IMF gross value added GVA Private consumption Agriculture Construction Manufacturing GDP Economy