India’s Q3 GDP at 6.2%| What It Means for 'BHARAT'

India’s GDP growth reached 6.2% in Q3 FY25, rising from 5.4% in Q2, with real GDP at ₹47.17 lakh crore. The growth was driven by strong rural demand, government capital expenditure, and festive season consumption, though it remained lower than the 8.6% recorded in Q3 FY24. Economists highlight agriculture as the key driver, with Rumki Majumdar, Economist at Deloitte, pointing to its strength in sustaining rural demand, while manufacturing continues to lag. Vivek Kumar, Economist at QuantEco, attributes the slight decline in growth to the base effect, but reaffirms agriculture and consumption as major contributors. With services holding steady and private consumption growing at 6.9%, India’s economic outlook remains strong, and the government now projects GDP growth of 6.5% for FY25, slightly higher than the earlier 6.4% estimate.