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Below the Perspective on `Q3 October - December 2024-25 GDP data` by Mr. Sanjay Kumar, MD & CEO, Rassense Pvt Ltd

"The agricultural, livestock, forestry, and fishing sector, which contributes 18% to the nominal GVA in FY 2024-25, has demonstrated impressive resilience with a sectoral growth rate of 4.6%. This is nearly double the 2.7% growth in 2023-24, signaling a strong recovery and stability in this critical sector. Such robust growth is encouraging for the overall economy, especially as India’s real GDP is projected to grow at 6.5% this year. The 7.6% rise in Private Final Consumption Expenditure (PFCE), compared to 5.6% in the previous year, further reinforces the strength of consumer demand, an essential driver for the food service industry. While we remain optimistic about this momentum, we also recognize challenges such as inflation and fluctuating commodity prices. At Rassense, we are committed to harnessing this economic growth by expanding our footprint, innovating our offerings, and delivering exceptional value to our customers. As India moves toward its $5 trillion economic goal, the food service sector will play a pivotal role in driving consumption and employment, and we are proud to be a part of this transformative journey."

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