World economic powers struggling but India beats all forecasts; GDP growth of 7.4%; how many years will it take to surpass Germany?

NEW DELHI: India, overcoming severe uncertainties in the global arena, grew by 7.4 percent in the last quarter of the last fiscal year. India has achieved the highest growth rate in the last four quarters, beating all forecasts.

Meanwhile, according to data released by the National Statistics Office (NSO), the economy grew by 9.2 percent in 2023-24, but by 6.5 percent in 2024-25.

India's improved performance comes at a time when world economic powers are struggling to overcome the conditions of the global economic slowdown. Experts estimate that if the same growth continues in the coming years, India will surpass Germany and become the world's third-largest economy within three years.

👉 Economic Growth 2024- 25- 2023- 24
👉 Private Consumption- 7.2% - 5.6%
👉 Agricultural Growth- 4.6% - 2.7%
👉 Construction Sector- 9.4%- 10.4%
👉 Manufacturing Sector- 4.5%- 12.3%

In the fourth quarter from January to March of the financial year 2024- 25, the agricultural sector grew by 5.4%, the construction sector by 10.8% and the manufacturing sector by 4.8%