India’s Economy Triples in a Decade, Growth Outlook Remains Strong

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New Delhi– India’s economic size has tripled over the past decade, rising from ₹106.57 lakh crore to ₹331.03 lakh crore in 2024–25, with GDP growing at a robust 6.5 per cent this year, according to official data released on Sunday.

The Reserve Bank of India expects similar momentum to continue in 2025–26. The United Nations projects 6.3 per cent growth this year and 6.4 per cent next year, while the Confederation of Indian Industry (CII) forecasts 6.4–6.7 per cent.

Strong domestic demand is fueling this growth, with a pickup in rural and urban consumption, rising private investment, and continued public spending—particularly on infrastructure. Many businesses are operating near full capacity, supported by stable borrowing conditions.

Globally, the outlook remains fragile, with the UN calling the current environment a “precarious moment” due to trade tensions and weak investment flows. Despite this, India continues to shine as a global bright spot.

Inflation has also eased significantly. In May 2025, CPI-based inflation fell to 2.82%, its lowest since February 2019. Food inflation dropped to 0.99%, driven by declines in vegetable and grain prices. The RBI expects inflation to stay close to or slightly below its medium-term target of 4%.

India’s capital markets have remained resilient, outperforming several other emerging economies. Strong investor confidence—both domestic and global—continues to support the country’s growth narrative. (Source: IANS)

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