New Delhi, July 27 -- Despite the turbulence caused by the COVID-19 pandemic and ensuing geo-economic shifts, India has continued to post robust growth. The country recorded a 9.2 percent GDP increase in 2023-24 and is projected to grow at 6.5 percent in 2024-25-building on an already strong performance in the previous year. This has surprised many, especially against the backdrop of global economic deceleration, with the IMF projecting global growth at just 3.3 percent in 2023 and 3.2 percent in 2024.

India's consumer price index (CPI) inflation eased from 5.6 percent in 2023-24 to 4.6 percent in 2024-25. Despite global trade headwinds, exports registered a marginal uptick of 0.14 percent in 2024-25. The industrial sector posted an impr...