Fact Check on Indian Economy ::: Rahul Gandhi is ignorant of obvious .... and likes of Chidambaram have gone silent

Indian Economy is far from dead !! It's only prophets of doom who would make or endorse such statements. 

Here are some facts :  

Rahul Gandhi may look the other way. Donald Trump may not be very happy.

Companies like Apple are shifting production to India, with iPhone manufacturing for the U.S. market increasingly moving from China. 

This means a lot vis-a-vis Bharat's emergence as a global manufacturing hub,

* Foreign Direct Investment (FDI) inflows into India have surged.

Key sectors like finance, banking, insurance, and R&D have been major recipients, with Maharashtra (31%) and Karnataka (21%) emerging as top destinations.

These mirror global confidence in India's economic potential under Narendra Modi. 

** Between April 2000 and December 2024, cumulative FDI equity inflows reached $1.05 trillion, with $71 billion recorded in FY24 alone.  

** Singapore, Mauritius, and the U.S. account for significant shares, with 25%, 24%, and 10% of FDI inflows, respectively.

Per capital income in India is around $ 2700 for 1.4 billion population. 

One-third considered middle class.

The Budget 2025-26 rightly focused on 'vast middle class' to revive growth in the rough global era 

India’s ability to maintain low inflation amidst global volatility is a testament to its prudent monetary policies. 

In March 2025, the Consumer Price Index (CPI) inflation rate was 3.34%, down from 4.85% the previous year. 

-- The Reserve Bank of India’s (RBI) steady interest rate policy and potential rate cuts will further support growth by encouraging credit and investment.  

*** A lot is happening in the Manufacturing sector.  

'Atma-nirbhar Bharat' push has helped a lot and changed things on ground.

** India’s manufacturing sector has shown remarkable adaptability. 

The sector’s contribution to GDP may grow up to 25 per cent. Currently it's at 13%, but is poised for growth through policies such as “Make in India”.

** 

For FY24, manufacturing growth reached 9.9%, significantly contributing to Gross Value Added (GVA) growth of 7.2%. 

The PMI showed robust growth, with a high of 59.2 in July 2025.

This signals strong demand and output and also marking the highest reading in 17 years.

Blogger : Examining Infra Development landscape 

India’s contribution to global economic growth is projected to be 12.9% over the next five years.

United States figures at --  11.3%. 

By 2027, India is likely to overtake Germany to become the world’s third-largest economy, with a projected GDP of $5.2 trillion. 

By 2030, this figure is expected to reach $7.3 trillion, driven by robust domestic demand, a young demographic, and sustained economic reforms.   

** 

India’s real GDP grew by an impressive 8.2%, surpassing the growth rates of major economies like the United States (2.5%), China (5.2%), Japan (1.9%), and Germany (0.3%). 

The International Monetary Fund (IMF) projects India’s growth at 6.5–7% by March 2026.

This is revised upward from 6.6% due to strong rural demand and government infrastructure spending. 

This makes India the fastest-growing major economy, with projections indicating it will maintain this position through FY26, with GDP growth expected between 6.3–6.8%.

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