India Macro-tracker series
India's economic performance for FY23-24 has shown remarkable resilience and strategic adaptability in the face of global challenges and domestic opportunities, according to our latest India macro-tracker series. The report highlights significant trends and data across key economic indicators, revealing the country's robust economic trajectory. In FY23-24, India's real GDP growth exhibited consistent performance, recording 8.2% in Q1, 8.1% in Q2, 8.6% in Q3, and 7.8% in Q4. This follows a peak of 12.8% in Q1 of FY22-23, after which growth sharply declined to 5.5% in Q2 and settled at 6.2% in Q4.