India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower end of government's initial projection, dragged by a weaker manufacturing sector and slower corporate investments.

At the current exchange rate of 85 rupees to a dollar, India’s GDP in FY25 will be $3.8 trillion. If India’s exchange rate had not fallen from around 61 rupees to a dollar in 2014 then today, India could have boasted of becoming a $5 trillion economy ($5.

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 estimated to grow at 6.4 per cent for the financial year 2024-25, the growth is at a four year-low level: MoSPI data. Check Key Takeways from the data

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