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Private Consumption Rising in India: Fin Min
The Business Guardian
|June 29, 2025
India's private consumption has shown strong growth, reaching the highest share in the country's GDP in the past two decades, according to the latest monthly report released by the Ministry of Finance.
The report highlighted that the share of private consumption in nominal GDP increased from 60.2 per cent in FY24 to 61.4 per cent in FY25. This marks the second-highest level in the last 20 years, indicating sustained strength in consumption demand across the country.
The ministry said, "private consumption's share in nominal GDP increased from 60.2 per cent in FY24 to 61.4 per cent in FY25. This is the second-highest level in the past two decades, indicating sustained strength in consumption demand."
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