Market timing

India macro › GDP growth › Q4 FY24 (January–March 2024)

GDP growth, Q4 FY24 (January–March 2024): 7.4%

India's economy grew 7.4% in real terms in Q4 FY24 (January–March 2024), against the same quarter a year earlier, the slowest since Q1 FY24. Growth was 7.7% in the previous quarter. The estimates are on the 2022-23 base MoSPI introduced in February 2026.

Q4 FY24Q3 FY24Q4 FY23
Real GDP growth7.4%7.7%–
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.