India's GDP has crossed $3.3 Trillion in 2022
India's GDP has crossed $3.3 Trillion in 2022
GDP Growth Projection was estimated at 6.8%
GDP Growth Projection was estimated at 6.8%
But actual growth for FY 2022-23 came out to be 7.2%
But actual growth for FY 2022-23 came out to be 7.2%
Almost 70% of the growth came from the service sector alone.
Almost 70% of the growth came from the service sector alone.
This growth rate shows the resilience of Indian economy amidst global challenges.
This growth rate shows the resilience of Indian economy amidst global challenges.
Also nations like China grew by only 3%
Also nations like China grew by only 3%
Even bigger economies like Germany are in recession but India's GDP continues to grow.
Even bigger economies like Germany are in recession but India's GDP continues to grow.
With these growth numbers, India is on its way to beat Germany to become 4th largest economy.
With these growth numbers, India is on its way to beat Germany to become 4th largest economy.
India can be a USD 3.7 trillion economy in 2023.
India can be a USD 3.7 trillion economy in 2023.
Thanks for reading
Thanks for reading