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1、DecodingIndias economic 2024KPMG.Make the Difference.2Decoding Indias Economic Growth 2024 KPMG Assurance and Consulting Services LLP,an Indian Limited Liability Partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited,a pri

2、vate English company limited by guarantee.All rights reserved.Table of contents01Economic performance02Sector analysis03Government initiatives04Way forward3Decoding Indias Economic Growth 2024 KPMG Assurance and Consulting Services LLP,an Indian Limited Liability Partnership and a member firm of the

3、 KPMG global organization of independent member firms affiliated with KPMG International Limited,a private English company limited by guarantee.All rights reserved.Executive summaryIndian economy at a glanceAutomobile3rdlargest automobile marketTechnology2ndhighest internet users globallyAgriculture

4、2ndlargest producer of rice,wheat,fruits,vegetables,groundnut,tea,sugarcane and cottonPharmaceuticalRanks 3rdin the world by volume Sources provided in the subsequent sections7.3 per cent GDP growth in FY24USD7 trillioneconomy by 2030USD2 trillionexports by 2030159.2Index of industrial production in

5、 Mar 20245.1 per centFiscal deficit estimated for FY25USD32 billionFDI equity inflow(As of Dec 2023)1,231PE dealsin 2023Sector growthFinancial services2ndlargest insurtech market in Asia-Pacific7 per cent GDP growth in FY253Decoding Indias Economic Growth 2024 KPMG Assurance and Consulting Services

6、LLP,an Indian Limited Liability Partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited,a private English company limited by guarantee.All rights reserved.Economic performance5Decoding Indias Economic Growth 2024 KPMG Assur