Despite geopolitical headwinds, India’s growth at 6.2 per cent in Q3 FY 2024-25 reflects its resilience and the effectiveness of policies, industry bodies and experts said. The growth is largely driven by the strong performance of agriculture and allied sectors, which saw a growth rate of 5.6 per cent. The tertiary sector has emerged as a key growth engine, showing an impressive 7.4 per cent growth. Services such as trade, hotels, transport, communication, and broadcasting services have witnessed high growth of 6.7 per cent, said PHDCCI President Hemant Jain. According to Emkay Global Financial Services’ Chief Economist Madhavi Arora, massive upward revisions to past years and quarters have made the GDP forecast exercise extremely dynamic. For the full-year FY2025, we expect the GDP growth to be 6.3 per cent,\” she said. For confidential support call the Samaritans on 08457 90 90 90 or visit a local Samaritans branch, see www.samaritans.org for details.
