India’s real GDP to grow by 6.5% in FY25: NSO second advance estimates
India’s real GDP will grow by 6.5 per cent in FY25 compared to 9.2 per cent in FY24, while nominal GDP may grow by 9.9 per cent, the second official advance estimates show. Both are revised upward from the first advance estimates, which showed real GDP grew by 9.2 per cent in FY24—the highest in the last 12 years bar FY22. A 12.3-per cent manufacturing growth rate contributed to this growth.
India’s real GDP will grow by 6.5 per cent in FY25 compared to 9.2 per cent in FY24, while nominal GDP may grow by 9.9 per cent, the second official advance estimates show.
Both are revised upward from the first advance estimates, which showed real GDP grew by 9.2 per cent in FY24—the highest in the last 12 years bar FY22.
A 12.3-per cent manufacturing growth rate contributed to this growth.
