CAUSE
One question. One truth.
“Why is India's GDP growth slowing?”
India's GDP growth is slowing because the primary sector is decelerating structurally, with projected growth of 2.8% in 2025-26, down from 5% the previous year. This reflects weaknesses in agriculture that constrain economic expansion.
High confidenceStructural
CURRENT STATE
Despite private consumption expanding by 8.7% and the tertiary sector growing by 8.9%, the primary sector slowdown is dampening aggregate GDP growth. Government expenditure moderated to 4.7%, and gross fixed capital formation slowed to 7.8%.
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