India's economy is expected to grow by 6.4% in FY25, the slowest in four years, due to weak manufacturing and low investments, per the National Statistical Office. Economists suggest the government take measures in the upcoming budget to boost growth.

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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 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.

India saw a slump in its growth in the 2024-25 fiscal year (FY25), first advance estimates from the government showed. The preliminary data released on January 7 stated that the growth of the Indian economy weakened to 6.

The slower expansion of Asia’s third largest economy comes in the wake of higher interest rates amid elevated inflation, especially of food commodities.