The Indian GDP expanded 7.4% from the previous year in the March quarter of 2025, accelerating from the upwardly revised 6.4% growth in the earlier period and sharply above market expectations of a 6.7% rise, marking the sharpest growth rate of the fiscal year. The recovery pointed to traction in Indian economic growth after a period of softening, as lower food and energy prices improved eased benchmark interest rates and spurred investment, while India's low dependence on exports made it robust to global tariff threats. Gross fixed capital formation surged by 9.4% in the period, the most in nearly two years, and private consumption expanded by 6%. In the meantime, the net foreign demand had a positive impact in the GDP growth, with exports rising by 3.9%, while imports slumped by 12.7%. Regarding the full fiscal year of 2025, the Indian GDP expanded by 6.5%, the least in four years. source: Ministry of Statistics and Programme Implementation (MOSPI)

The Gross Domestic Product (GDP) in India expanded 7.40 percent in the first quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in India averaged 6.03 percent from 1951 until 2025, reaching an all time high of 22.60 percent in the second quarter of 2021 and a record low of -23.10 percent in the second quarter of 2020. This page provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2025.

The Gross Domestic Product (GDP) in India expanded 7.40 percent in the first quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in India is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India GDP Annual Growth Rate is projected to trend around 5.50 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-02-28 10:30 AM
GDP Growth Rate YoY
Q4 6.2% 5.6% 6.3% 6.3%
2025-05-30 10:30 AM
GDP Growth Rate YoY
Q1 7.4% 6.4% 6.7% 6.6%
2025-08-29 12:00 PM
GDP Growth Rate YoY
Q2 7.4% 7.8%


Related Last Previous Unit Reference
Fiscal Year GDP Growth 6.50 9.20 percent Mar 2025
GDP Growth Rate YoY 7.40 6.40 percent Mar 2025
GDP Constant Prices 51351.63 47265.42 INR Billion Mar 2025
GDP from Agriculture 6773.89 7757.32 INR Billion Mar 2025
GDP from Construction 4636.41 3899.90 INR Billion Mar 2025
GDP from Manufacturing 8299.55 6960.49 INR Billion Mar 2025
GDP from Mining 1013.49 824.88 INR Billion Mar 2025
GDP from Public Administration 5623.82 5544.70 INR Billion Mar 2025
GDP from Utilities 1000.44 963.01 INR Billion Mar 2025
GDP Growth Rate 2.00 1.90 percent Mar 2025
Gross Fixed Capital Formation 17411.50 14991.34 INR Billion Mar 2025

India GDP Annual Growth Rate
The most important and the fastest growing sector of Indian economy are services. Trade, hotels, transport and communication; financing, insurance, real estate and business services and community, social and personal services account for more than 60 percent of GDP. Agriculture, forestry and fishing constitute around 12 percent of the output, but employs more than 50 percent of the labor force. Manufacturing accounts for 15 percent of GDP, construction for another 8 percent and mining, quarrying, electricity, gas and water supply for the remaining 5 percent.
Actual Previous Highest Lowest Dates Unit Frequency
7.40 6.40 22.60 -23.10 1951 - 2025 percent Quarterly
NSA, 2011-12 Prices

News Stream
Indian GDP Rises More Than Expected
The Indian GDP expanded 7.4% from the previous year in the March quarter of 2025, accelerating from the upwardly revised 6.4% growth in the earlier period and sharply above market expectations of a 6.7% rise, marking the sharpest growth rate of the fiscal year. The recovery pointed to traction in Indian economic growth after a period of softening, as lower food and energy prices improved eased benchmark interest rates and spurred investment, while India's low dependence on exports made it robust to global tariff threats. Gross fixed capital formation surged by 9.4% in the period, the most in nearly two years, and private consumption expanded by 6%. In the meantime, the net foreign demand had a positive impact in the GDP growth, with exports rising by 3.9%, while imports slumped by 12.7%. Regarding the full fiscal year of 2025, the Indian GDP expanded by 6.5%, the least in four years.
2025-05-30
India GDP Grows Less than Expected in September Quarter
The Indian GDP expanded 6.2% from the previous year in the December quarter of 2024, picking up from the upwardly revised 5.6% expansion in the earlier period but slightly below market expectations of a 6.3% growth rate. The rate consolidated the softening in India’s GDP growth, which was by far the fastest growing economy in the G20 up until last year, following a prolonged period of high energy and food prices, in addition to restrictive monetary policy and tight liquidity conditions by the RBI. Growth increased for private consumption expenditure (6.9% vs 5.9% in September quarter) and public expenditures (8.3% vs 3.8%), but slowed for gross fixed capital formation (5.7% vs 5.8%). In the meantime, net external demand contributed positively to the GDP as exports soared by 10.4% and imports softened by 1.1%.
2025-02-28
India GDP Growth Slows to Near 2-Year Low
The Indian GDP expanded by 5.4% from the previous year in the September quarter of 2024, slowing from the 6.7% expansion in the previous period and well below market expectations of a 6.5% increase to record the softest pace of growth since the December quarter of 2022. The drop consolidated India's softening momentum after enjoying a prolonged period of being the fastest-growing major economy in the world. The slump was largely due to lower output in manufacturing (2.2% vs 7% in the June quarter) and electricity, gas, water supply, and other utility services (3.3% vs 10.4%), driving value added from the secondary sector to slow considerably (3.9% vs 8.4%). In turn, growth was steady for the tertiary sector (7.1% vs 7.2%) and picked up for the primary sector (3% vs 2.7%), as the stronger momentum for agriculture, livestock, forestry, and fishing (3.5% vs 2%) offset a drop in construction (-0.1% vs 7.2).
2024-11-29

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