New Delhi, Nov 29 || Already the world’s fourth largest economy, the nation is charting a confident course towards becoming the third largest one by 2030 -- with GDP projected at $7.3 trillion, according to an official statement.
India’s economic ascent continues to capture global attention and the current growth phase reflects the strength of decisive policymaking, structural reforms, and India’s deepening global integration, the statement added.
As per the latest data, the real GDP of India, adjusted for inflation, is estimated to grow by 8.2 per cent in Q2 of FY 2025-26 against the growth rate of 5.6 per cent during Q2 of FY 2024-25.
The GDP in Q1 of FY 2025-26 grew at 7.8 per cent against the growth rate of 6.5 per cent during Q1 of FY 2024-25. Nominal GDP has witnessed a growth rate of 8.7 per cent in Q2 of FY 2025-26.