India's GDP

India's economic landscape showcases a vibrant array of sectors, each playing a pivotal role in shaping the nation's remarkable economic journey.

India's GDP Surge

In the year 2023, India experienced a truly remarkable surge in its Gross Domestic Product (GDP).

Q4 and FY23 Performance

The fourth quarter of the fiscal year 2022-23 witnessed an exceptional 6.1% expansion in India's economy, culminating in an impressive annual growth rate of 7.2%.

The Changing Landscape

As of May 31, 2023, official figures indicate that India's Q4 GDP for the current fiscal year stands at ₹43.62 lakh crore.

India's Global Leap

India's GDP had soared to a monumental $3.75 trillion in 2023. This monumental growth propelled India from the tenth spot to the fifth-largest economy globally.

Services Sector's Dominance

The services sector emerged as a cornerstone of India's GDP growth in 2023,

Government Initiatives

"Indian government's 'Make in India' campaign fosters manufacturing, foreign investment." 

COVID-19 Resilience

"India's resilience amid COVID-19 sustains economic growth, highlighting adaptability and determination." 

Projections and Outlook

Promising projections: 16.1% GDP growth signals private sector confidence. India's GDP 2023

India's Rising Rank

India's fifth-largest economy fueled by robust foundations, high savings, and favorable demographics favoring growth