India's economy demonstrated remarkable growth with a 7.8 percent increase in the January-March quarter, resulting in an annual growth rate of 8.2 percent for the fiscal year 2023-24. This significant expansion was primarily driven by robust performance in the manufacturing sector, as per the official data released on Friday.
Prime Minister Narendra Modi lauded this achievement, emphasizing the strong momentum of the economy and its potential for further acceleration. He expressed his optimism on the social media platform X, stating, "As I've said, this is just a trailer of things to come."
Modi highlighted the hard work of the Indian people as a key factor behind this success. He noted that the impressive 8.2 percent growth rate for the fiscal year 2023-24 exemplifies India's position as the fastest-growing major economy globally. The Prime Minister's remarks underline confidence in the country's economic trajectory and potential for sustained growth in the coming years.
