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India’s GDP Growth
June 6 , 2023
541 days
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- In Q4FY23, India's Gross Domestic Product (GDP) growth is at 6.1%.
- In fiscal FY23, the economy grew at 13.1 percent, 6.2 percent and 4.5 percent in Q1, Q2 and Q3, respectively.
- The Indian economy grew at 7.2 percent in the entire FY23.
- GVA in agriculture, forestry and fishing saw a growth of 4% in FY23, rising from 3.5% in FY22.
- Financial, real estate and professional services recorded a growth of 7.1% versus 4.7% in FY22.
- India's per capital national income (net) rises to ₹98,374 crore in FY23, as against ₹92,583 crore in FY22.
- India's manufacturing sector saw a sharp slowdown in growth to 1.3% in FY23 versus 11.1% in the previous fiscal.
- Construction sector also slowed down to 10% growth in FY23 versus 14.8% in FY22.
- The economy grew at 9.1 percent in FY22.
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