GDP grows 7.4% in March quarter, 6.5% in FY25

New Delhi, May 30: India’s economic growth slowed to 7.4 per cent in the March quarter, bringing down the annual growth rate to 6.5 per cent during 2024-25, according to official data released on Friday.

The growth in the January-March period was lower than the 8.4 per cent expansion in the year-ago quarter.

According to the data released by the National Statistics Office (NSO), the economy expanded 6.5 per cent in 2024-25 against a 9.2 per cent growth in 2023-24.

The NSO, in its second advance estimate of national accounts, had pegged the country’s growth at 6.5 per cent for 2024-25.

China has registered an economic growth of 5.4 per cent in the first three months of 2025 (January-March 2025).