Outlook Business Desk
The Ministry of Statistics and Programme Implementation released data on 30 May 2025, reporting GDP growth for FY25 at 6.5%, Q4 growth at 7.4%, and nominal GDP growth at 9.8%.
In the January-March quarter of FY 2024-25, Real GDP increased by 7.4%, while Nominal GDP saw a 10.8% growth over the same quarter last year.
The construction sector led with 9.4% growth in FY25, followed by public administration at 8.9% and financial services at 7.2%.
Construction posted 10.8% growth in Q4, public administration 8.7%, and financial services 7.8%, reflecting strong end-year sector performance.
Primary sector grew 4.4% in FY25, improving from 2.7% last year. In Q4, it grew 5%, much higher than 0.8% in Q4 of FY24.
Private Final Consumption Expenditure (PFCE) rose by 7.2% in FY 2024-25, up from 5.6% last year, showing stronger consumer spending in the economy.
Gross Fixed Capital Formation (GFCF) grew 7.1% annually and recorded a robust 9.4% growth in Q4 of FY 2024-25, indicating increased investment activity.
Real GDP for FY25 is estimated at Rs 187.97 lakh crore, up from Rs 176.51 lakh crore last year. Nominal GDP reached Rs 330.68 lakh crore.