India continues to hold its position as the fastest-growing major economy for the fourth consecutive year, according to Finance Minister Nirmala Sitharaman. Speaking at the Lakshmipat Singhania-IIM Lucknow National Leadership Awards, she highlighted India’s strong GDP growth, driven by manufacturing, services, and agriculture.
Key Economic Highlights
- Q4 GDP Growth: 7.4%, exceeding expectations.
- FY25 GDP Growth: 6.5%, maintaining India’s lead in global economic expansion.
- Manufacturing Growth: 4.8%, reflecting increased industrial activity.
- Services & Agriculture Growth: 5.4% each, showcasing resilience across sectors.
India’s Economic Strength & Global Recognition
Sitharaman emphasized that India is no longer just a middle-class market, but a global innovation hub. She credited small, medium, and large industries for sustaining growth, alongside agriculture’s continued support even during challenging periods.
Government’s Vision for Future Growth
The Finance Minister highlighted India’s digital public infrastructure, which has received global recognition for its scalability and efficiency. She also reiterated Prime Minister Narendra Modi’s commitment to a corruption-free India, ensuring transparent governance and economic stability.
What’s Next?
With India’s economic momentum staying strong despite global volatility, policymakers are expected to focus on regulatory simplification and long-term investments to sustain growth.
