India’s economy is showing signs of strain, with GDP growth slowing, manufacturing stagnating, and export and wage growth faltering. Can structural reforms reignite the "Make in India" dream, or has the opportunity for resurgence passed?

India's economy slowed much more than expected in July-September, expanding by only 5.4% year-on-year, data showed on Friday, weighed down by weak urban consumption following a rise in food prices. The growth in gross domestic product was lower than the 6.

India's economy expanded by 5.4% in its second fiscal quarter ending September. Economists polled by Reuters had forecast growth of 6.5% for the period, while the Reserve Bank of India expected an expansion of 7%. Alicia Garcia Herrero, chief Asia-Pacific economist at Natixis, said India's economy will slow but not "collapse" in 2025.

India's economy slowed much more than expected in July-September, expanding by only 5.4% year-on-year as growth in manufacturing and consumption decelerated, data showed on Friday. It was the slowest growth in gross domestic product in seven quarters and well below a 6.

The world’s fifth-largest economy grew 5.4% from a year earlier in the third quarter, the slowest pace of growth since the fourth quarter of 2022 and potentially clearing the path for rate cuts.

September, hampered by weaker expansions in manufacturing and consumption, which will add pressure on the central bank to cut interest rates. Gross domestic output in the world's fifth biggest economy rose by 5.