India's Q3 FY25 GDP Growth Accelerates to 6.2%
The economy saw improved performance in the October-December quarter, driven by gains in key sectors despite challenges in manufacturing and mining.
- India's real GDP grew by 6.2% in Q3 FY25, up from 5.4% in the previous quarter, according to government data.
- Nominal GDP for the October-December quarter increased to ₹84.74 lakh crore, reflecting a 9.9% year-on-year rise.
- The Construction sector led growth with an 8.6% increase, followed by Financial, Real Estate, and Professional Services at 7.2%.
- Manufacturing growth slowed significantly, recording a 3.5% increase compared to 14% in the previous fiscal year.
- The government forecasts overall GDP growth at 6.5% for FY25, with nominal GDP projected to reach ₹331.03 lakh crore.