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 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.
The services sector emerged as a cornerstone of India's GDP growth in 2023,
"Indian government's 'Make in India' campaign fosters manufacturing, foreign investment."
"India's resilience amid COVID-19 sustains economic growth, highlighting adaptability and determination."
Promising projections: 16.1% GDP growth signals private sector confidence. India's GDP 2023
India's fifth-largest economy fueled by robust foundations, high savings, and favorable demographics favoring growth