The Indian public sector continues to play a pivotal role in funding large-scale infrastructure projects, physical and digital connectivity, and social infrastructure

India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower end of government's initial projection, dragged by a weaker manufacturing sector and slower corporate investments.

India’s government lowered its economic growth projection for the fiscal year to the weakest since the pandemic after consumers cut back on spending and public investment slowed.

India's GDP growth for 2024-25 is projected at 6.4%, a four-year low, as per NSO data. Manufacturing growth slows to 5.3%, and services to 5.8%, while agriculture improves to 3.8%. Nominal GDP is estimated at Rs 324.

India's economy is expected to grow 6.4% in the current fiscal year ending March, the National Statistics Office said on Tuesday, below the initial government projection of 6.5%-7%. India has released its first advance estimates of gross domestic product (GDP),

India's GDP is projected to grow 6.4% in 2024-25, down from 8.2% in 2023-24, due to reduced investment, impacting fiscal and monetary policies ahead.

India's economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data released on Tuesday.

The Indian economy is projected to grow at 6.4% in 2024-25, down from 8.2% in the previous fiscal year, according to the National Statistical Office (NSO), which released its first advance estimates for national accounts on Tuesday.