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Provisional Estimates of GVA at Basic Price by Economic Activity- All India (At 2011-12 prices)


India’s economy grew steadily, with the Gross Value Added (GVA) rising by 7.2% in 2023-24. The services sector led the growth at 7.6%, followed by industry at 9.7%, while agriculture saw a slower rise of 2.1%. Manufacturing and construction rebounded strongly, both growing by 9.9%. Mining also improved with a 7.1% increase. Overall, the economy is expanding, driven mainly by industry and services.