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The Week in Charts: Monsoon Cheer, India’s GDP Rank, IIP Slump

  • India's economy grew by 6.5% in fiscal year 2024-25, with the January-March quarter expanding 7.4%, according to data released on May 30, 2025.
  • This growth followed a 9.2% expansion in 2023-24 and reflected strong agricultural, services sectors, rising domestic consumption, and resilient exports despite global challenges.
  • IMF data from April 2025 showed India’s GDP at $3.909 trillion, placing it fifth globally behind Japan with $4.026 trillion, while projections suggest India could surpass Japan in FY26.
  • In April 2025, India’s industrial production expanded at its slowest pace in eight months, rising by just 2.7% compared to the previous year, largely impacted by decreases in electricity generation and mining activities, while Tata Motors experienced a reduction in its workforce amid weakening vehicle sales.
  • Monsoon rainfall forecasts from the India Meteorological Department anticipate 106% of the long-period average for June-September 2025, supporting a positive outlook for the kharif crop this season.
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NDTV Profit broke the news in on Friday, May 30, 2025.
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