India’s Gross Domestic Product (GDP) grew at 6.8% in the first quarter of FY 2025, according to data released by the National Statistical Office. The growth was led by a 9.5% surge in manufacturing output and 7.1% growth in construction. Agriculture remained flat due to delayed monsoon rains. Services continued to perform well, driven by travel, hospitality, and telecom sectors. Analysts say the performance beats expectations amid global headwinds like high oil prices and volatile exports. Urban consumption rose with strong vehicle sales and real estate demand. Credit growth remains robust, though inflationary pressures are pushing the Reserve Bank of India to maintain cautious monetary policy. The rupee remained stable against the dollar, and foreign direct investment showed resilience, especially in fintech and green energy. The government plans to announce new infrastructure and digitalization initiatives in the upcoming budget. Economists believe India is well-positioned to retain its status as the world’s fastest-growing major economy.