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India macro › GDP growth › Q2 FY25 (July–September 2024)

GDP growth, Q2 FY25 (July–September 2024): 7.3%

India's economy grew 7.3% in real terms in Q2 FY25 (July–September 2024), against the same quarter a year earlier, the slowest since Q1 FY24. Growth was 7.5% in the previous quarter and 7.5% a year before. The estimates are on the 2022-23 base MoSPI introduced in February 2026.

Q2 FY25Q1 FY25Q2 FY24
Real GDP growth7.3%7.5%7.5%
Real GDP growth by quarterQ1 FY24 – Q1 FY27
0%2%4%6%8%10%6.6Q1FY247.5Q27.7Q37.4Q47.5Q1FY257.3Q27.4Q36.6Q46.9Q1FY268.1Q27.7Q38.6Q47.8Q1FY27
Against the same quarter a year earlier, on MoSPI's 2022-23 base (introduced in February 2026).

Source: Ministry of Statistics and Programme Implementation (MoSPI). MoSPI revises earlier periods as fuller data arrives; this page shows the latest published figure. The latest figures for every indicator are on the India macro dashboard.