India Q3 GDP Data FY25: GDP grows at 6.2 per cent in October-December quarter

India Q3 GDP Data FY25: GDP grows at 6.2 per cent in October-December quarter

India's economic growth decelerated to 6.2 per cent in the third quarter of 2024-25, mainly due to poor performance by the manufacturing and mining sectors.

The Indian economy recorded a growth of 6.2 per cent in the third quarter of the current fiscal (October-December 2024) against 9.5 per cent in the year-ago period, according to data released by the National Statistical Office (NSO) on Friday.

Indian economy grew at 5.6 per cent in the July-September quarter this fiscal.

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

Read More Over 7.3 crore income tax returns filed till Sept 15, surpassing last year's 7.28 crore record: CBDT

It had projected a growth of 6.4 per cent for the current fiscal in its first advance estimates released in January 2025.

Read More Supreme Court says no case to pause Waqf Act in entirety, pauses some provisions

The NSO also revised the GDP growth for 2023-24 to 9.2 per cent against the earlier estimate of 8.2 per cent.

Read More 'Attack on one, aggression against both': Pak, Saudi sign defence deal; India says 'will study implications'

The output of eight key infrastructure sectors rose by 4.6 per cent in January against a 4.2 per cent expansion in the same month of last year, according to official data released on Friday.

The key infrastructure sectors’ output had expanded by 4.8 per cent in December 2024.

In January this year, the production of crude oil and natural gas declined compared to the year-ago period.

Coal production rose by 4.6 per cent, steel output by 3.7 per cent and electricity generation by 1.3 per cent in January 2025 against 10.6 per cent, 9.2 per cent, and 5.7 per cent, respectively in January 2024.

However, refinery products, fertiliser, and cement output rose to 8.3 per cent, 3 per cent and 14.5 per cent in the month under review.

The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.4 per cent during April-January this fiscal. It was 7.8 per cent in the same period last fiscal.

The eight core sectors contribute 40.27 per cent to the Index of Industrial Production (IIP), which measures overall industrial growth.

With PTI inputs

Tags:

About The Author

Aryan Age Picture

Welcome to Aryan Age, an English newspaper that has been serving readers since 2011 from Delhi. With a loyal circulation of over 19,000, we are dedicated to providing our readers with the latest news and information, as well as insightful analysis and commentary that help them navigate the complex and rapidly changing world.

Post Comment

Comment List

Latest News

'Fauj a place where there is no nepotism': CDS General Anil Chauhan | Video 'Fauj a place where there is no nepotism': CDS General Anil Chauhan | Video
Ranchi: 'Fauj' is a place where there is no nepotism, Chief of Defence Staff (CDS) General Anil Chauhan asserted on...
Hindenburg case: Sebi gives clean chit to Adani Group; Gautam Adani says 'claims were baseless'
Trump's another affirmation amid trade talks with New Delhi: 'I'm very close to India, PM Modi'

Live Cricket Score

Advertisement

Science & Tech

OnePlus Nord CE 4 gets massive discount, now available for Rs 5,500 less: How to get this deal OnePlus Nord CE 4 gets massive discount, now available for Rs 5,500 less: How to get this deal
New Delhi: There has been a significant price cut on the OnePlus Nord CE 4, with a discount of more...
iPhone 17 Pro Max in cosmic orange goes out of stock in US and India

Health

High blood pressure and cholesterol no longer an 'old age' problem, say doctors High blood pressure and cholesterol no longer an 'old age' problem, say doctors
New Delhi: Cardiac problems are increasingly affecting people in their 30s, a trend that is particularly evident in Kolkata. Sedentary...
World Suicide Prevention Day 2025: Healthy coping mechanisms for young adults battling stress, anxiety

Lifestyle

Navratri colours 2025 with dates: 9 days, 9 colours and their meaning Navratri colours 2025 with dates: 9 days, 9 colours and their meaning
Navratri is not only a festival; it's a nine-day religious celebration that commemorates the numerous protective and powerful aspects of...
Chandra Grahan 2025: Timings and cities in India to view the Blood Moon