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India’s Q3 FY25 GDP Growth Set at 6.4%

Kumari Sonali

India’s Q3 FY25 GDP Growth Set at 6.4%:

India’s economy is set to grow at 6.4% in Q3 FY25, according to a projection by ICRA, up from 5.4% in the previous quarter. This growth is being driven by higher government spending and a rebound in exports, strengthening key economic sectors. The Gross Value Added (GVA) is expected to rise by 6.6%, with industry growing at 6.2%, services at 7.7%, and agriculture at 4.0%. A notable highlight is the record $36.9 billion in service exports in December 2024, along with a strong recovery in merchandise exports.

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