PM Modi says Indian economy's growth rate underscores its resilience amid global challenges

Prime Minister Narendra Modi on Wednesday said the Indian economy's annual growth rate of 7.2 per cent underscores its resilience amidst global challenges. "This robust performance along with overall optimism and compelling macro-economic indicators, exemplify the promising trajectory of our economy and the tenacity of our people," he tweeted.

India's economy grew by 6.1 per cent in the January-March quarter of 2022-23, pushing the annual growth rate to 7.2 per cent on account of better performance by agriculture, manufacturing, mining and construction sectors, official data showed.

The 2022-23 GDP growth figures underscore the resilience of the Indian economy amidst global challenges. This robust performance along with overall optimism and compelling macro-economic indicators, exemplify the promising trajectory of our economy and the tenacity of our people.

— Narendra Modi (@narendramodi) May 31, 2023

The growth propelled the Indian Economy to $3.3 trillion and set the stage for achieving the $5 trillion target in the next few years.