Indian GDP Grows 8.2% in FY2024

2024-05-31 12:23 By Andre Joaquim 1 min. read

The Indian GDP grew by 8.2% in the financial year ending March of 2024, well above the initial print of 7.3%, and revised higher from the second estimate of 7.6%, to consolidate India as the fastest-growing major economy in the world.

Still, the GDP diverged considerably from the 7.2% growth in gross value added in the financial year, indicating that the net indirect tax category of the GDP may have inflated the gauge.



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