India’s Q1 GDP Grows 6.7%, Check Details

India’s Q1 GDP Grows 6.7%, Check Details

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India’s Q1 FY25 GDP data has been released.

India’s Q1 GDP Growth 2024-25: Get the latest updates on India’s economic performance in the April-June quarter. Track the trends, expert analysis, and implications for FY25.

India’s Q1 GDP Data Out: India’s gross domestic product (GDP) grew 6.7 per cent y-o-y during the April-June 2024 quarter (Q1 FY25) as compared with the 8.2 per cent growth recorded a year ago, according to the latest official data released on Friday, August 30.

“Real GDP has been estimated to grow by 6.7% in Q1 of FY 2024-25 over the growth rate of 8.2% in Q1 of FY 2023-24,” the finance ministry said in a statement.

According to the latest data released by the National Statistical Office (NSO), India’s gross value added or GVA, which is GDP minus net product taxes and reflects growth in supply, also grew 6.8 per cent during April-June 2024.

In the previous quarter ended March 2024, India’s real GDP had expanded at 7.8 per cent.

(The story will be updated)

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experi…Read More

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