India’s GDP Grows 6.2% in Q3, Poised for Stronger Recovery Ahead

India’s economy grew at 6.2% in the third quarter of FY 2024-25, signaling a potential recovery after slowing down in the previous quarter. In Q2, GDP growth had dropped to a seven-quarter low of 5.6%, raising concerns about economic momentum.

Economists believe the worst slowdown is over, and India will remain the fastest-growing major economy in the coming quarters. The International Monetary Fund (IMF) predicts India’s GDP will expand by 6.5% in both FY25 and FY26.

This optimistic outlook is driven by strong consumer spending, increasing infrastructure projects, and effective government policies. Rising demand in key sectors, including manufacturing and services, has further strengthened economic confidence. Government initiatives to boost investment, along with favorable global conditions, are expected to support steady growth.

Despite past slowdowns, India’s economy remains resilient, backed by domestic demand and policy reforms. Experts suggest that with continued focus on infrastructure and industry, growth will remain steady. As global uncertainties persist, India’s economic strength offers a positive outlook, reinforcing its position as a key player in the world economy.