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 Parimatch Sports Appoints Cricketer Nikhil Chaudhary as Brand Ambassador Following Breakthrough Big Bash League Rise

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 Signify Strengthens Rural Safety Mission at Dudhwa National Park Event, Unveils Expanded Lighting Initiative to Combat Human–Wildlife Conflict

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 Nikhil Kamath Hosts Leading Pharma Executives Rajeev Juneja and G V Prasad in In-Depth Discussion on India’s Pharmaceutical Future

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

Anthropic's Free Claude Prompting Workshops Earn Widespread Praise from Users Anthropic's Free Claude Prompting Workshops Earn Widespread Praise from Users
Anthropic's free Claude workshops are winning praise from users for delivering practical lessons in prompt engineering and coding. Sessions led...
TVK Cadres Disrupt Class in Kanchipuram Government School to Install Vijay Portrait, Triggering Political Row
President Murmu Celebrates 68th Birthday with Prime Minister Modi in Odisha Amid Major Development Push

Live Cricket Score

Advertisement

Science & Tech

India’s SUV Market Set for Major Shake-Up as Tata, Nissan, and Skoda Prepare High-Profile Launches India’s SUV Market Set for Major Shake-Up as Tata, Nissan, and Skoda Prepare High-Profile Launches
India’s SUV market is set for a major shift with upcoming launches from Tata Motors, Nissan, and Skoda. The Tata...
Kawasaki Launches 2026 Ninja 500 in India at Rs 5.76 Lakh, Intensifying Middleweight Motorcycle Segment Rivalry

Health

Coffee-Based Home Remedies Gain Ground as Dermatologists Highlight Natural Skincare Benefits Coffee-Based Home Remedies Gain Ground as Dermatologists Highlight Natural Skincare Benefits
A growing number of dermatologists are endorsing coffee-based home remedies as natural, affordable alternatives to commercial skincare. From face scrubs...
Moringa’s Rise as a Global Superfood Gains Momentum Amid New Research

Lifestyle

 Food Pharmer Sparks Nationwide Debate Over Cheeslings Ingredients, Raises Questions on Food Safety Standards Food Pharmer Sparks Nationwide Debate Over Cheeslings Ingredients, Raises Questions on Food Safety Standards
Food influencer Revant Himatsingka, known as Food Pharmer, has sparked nationwide debate after revealing Cheeslings’ low cheese content and high...
From Gym Floor to City Streets: The Unexpected Revival of the Lopifit Treadmill-Bike
crossorigin="anonymous">