India's GDP Growth Slows to 7.4% in March Quarter

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May 30, 2025 16:15

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India's GDP growth slowed to 7.4% in the March quarter, down from 8.4% in the previous quarter, resulting in an annual growth rate of 6.5% for FY25.
India's GDP Growth Slows to 7.4% in March Quarter
Photograph: Anushree Fadnavis/Reuters
New Delhi, May 30 (PTI) India's economic growth slowed to 7.4 per cent in the March quarter, bringing down the annual growth rate to 6.5 per cent during 2024-25, according to official data released on Friday.

The growth in the January-March period was lower than the 8.4 per cent expansion in the year-ago quarter.


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).
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