β
Real GDP Growth (FY 2023-24): 9.2% π₯ (Highest in 12 years except 2021-22)
β
Real GDP Growth (FY 2024-25 Estimate): 6.5% π
β
Quarterly GDP Growth (Q3 FY 2023-24): 9.5% π
β
Quarterly GDP Growth (Q3 FY 2024-25): 6.2% β‘
β
Nominal GDP Growth (FY 2024-25): 9.9% π
β Historical Success of Kumbh Mela would help boost Q4 GDP π
π India remains Fastest Growing economy as World estimated to grow at 3.2%
If We compare with Major Economies: US 2.8%, China: 4.8%, Japan: 0.3% and Germany: 0%,
If We compare with Emerging Economies: Brazil 3%, Russia: 3.6%, South Africa: 1.1% and BanglaDesh 4.5% and China we have already taken in Major Economies.
India is incomparable in Growth either with Major or even with growing economies.
π
2022-23: 7.6% π
π
2023-24: 9.2% π
π
2024-25 (Estimate): 6.5% π
π οΈ Top Contributors (2023-24):
π Manufacturing: 12.3% π¦
ποΈ Construction: 10.4% π’
π° Financial & Real Estate: 10.3% π¦
π Quarter | π° Real GDP (βΉ Lakh Cr) | π Growth (%) |
Q3 FY 2023-24 | βΉ44.44 Lakh Cr | 9.5% π |
Q3 FY 2024-25 | βΉ47.17 Lakh Cr | 6.2% π |
π Q3 FY 2024-25 slowed down compared to last year due to moderate growth in Manufacturing & Services.
π Primary (Agriculture, Mining, etc.): 19.5% πΎ
π Secondary (Manufacturing, Utilities, Construction): 28.5% ποΈ
π Tertiary (Services, Finance, Trade, Public Services): 52.0% πΌ
ποΈ Construction: 8.6% π’
π¦ Financial & Professional Services: 7.2% π°
π’ Trade, Hotels, Transport & Broadcasting: 6.4% π
π’ Sector | π Growth (%) |
πΎ Agriculture & Allied | 4.6% |
βοΈ Mining & Quarrying | 2.8% |
π Manufacturing | 4.3% |
β‘ Electricity, Gas & Water | 6.0% |
ποΈ Construction | 8.6% |
π’ Trade, Hotels & Transport | 6.4% |
π° Financial & Real Estate | 7.2% |
ποΈ Public Admin & Defence | 8.8% |
π Strong Sectors:
ποΈ Construction (+7.0%)
πΌ Financial & Professional Services (+7.2%)
π’ Trade & Transport (+6.7%)
β οΈ Weakest Sectors:
βοΈ Mining & Quarrying (+2.8%)
π Manufacturing (+4.3%)
πΉ Industrial Production (IIP) π¦
πΉ Agricultural Production πΎ
πΉ Cement, Steel, and Coal Data βοΈ
πΉ Railways & Aviation Traffic πβοΈ
πΉ Bank Deposits & Credit π¦
πΉ GST Collections π°
πΉ PFCE Share in GDP (FY 2024-25): 56.7% π
πΉ Growth in PFCE: 7.6% π
π‘ Why PFCE is Important?
β
Drives Economic Growth
β
Reflects Consumer Demand
β
Key Indicator of Household Spending
π¦ Exports: βΉ10.42 Lakh Cr (+10.4%) π’
π₯ Imports: βΉ10.53 Lakh Cr (-1.1%) π
π Exports Growing Faster, while Imports Declined, improving trade balance.
π Year | π° GDP (βΉ Lakh Cr) | π Growth (%) |
2022-23 | βΉ268.9 Lakh Cr | 12.0% |
2023-24 | βΉ301.2 Lakh Cr | 12.0% |
2024-25 (Estimate) | βΉ331.0 Lakh Cr | 9.9% |
π Year | π€ Per Capita GDP (βΉ) | π Growth (%) |
2022-23 | βΉ1,94,451 | 11.0% |
2023-24 | βΉ2,15,935 | 8.9% |
2024-25 (Estimate) | βΉ2,35,108 | 8.9% |
π Steady rise in individual income levels over the years! π΅
ποΈ Construction Sector (+8.6%) π’
πΌ Financial, Real Estate & Professional Services (+7.2%) π¦
π Fastest Growth:
ποΈ Construction (8.6%)
π° Financial Services (7.2%)
β οΈ Slowest Growth:
βοΈ Mining (2.8%)
π Manufacturing (4.3%)
Year | π¦ GCF (βΉ Lakh Cr) | π Growth (%) |
2023-24 | βΉ91.65 Lakh Cr | 9.2% |
2024-25 (Estimate) | βΉ98.01 Lakh Cr | 6.9% |
π‘ More savings = More investment = Economic growth! π
π Indiaβs Nominal GDP projected to hit βΉ550-600 Lakh Cr by 2035
π° Major Growth Areas: Manufacturing, IT, Green Energy, Financial Services
π Best Investment Sectors: Infrastructure, Digital Economy, Renewables
π₯ India remains a top investment destination! ππΈ
π₯ India To enter into TOP 10 FDI destinations till 2035 from current ranking of 18th ππΈ
Suno Gaur Se Duniya Walo, Buri nazar na hum pe dalo, Chahe jitna jor laga do, sabse aage honge Hindustani.
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