GDP data: Indian economy grows at 6.1% in Q4, FY23 growth better-than-expected at 7.2%

Beating analyst estimates, India's gross domestic product (GDP) grew at 6.1 per cent in the last quarter of the previous fiscal. Further, the Centre now estimates the overall growth rate of FY23 to be 7.2 per cent, Ministry of Statistics & Programme Implementation (MOSPI) data showed Wednesday. Manufacturing sector grew by 1.3 per cent in FY23 after growing 11.1 per cent in FY22 while agriculture, forestry and fishing grew at 4 per cent in FY23 against 3.5 per cent growth seen in the fiscal before.

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