GDP growth increased from 5.6% (1980-91) to 6.7% (2017-18) to 8.2% (FY 2023-24). Growth mainly driven by service sector. Agriculture growth declined, industrial sector fluctuated.

Foreign investment increased from ~US $100 million (1990-91) to US $30 billion (2017-18). Make in India initiative (Sept 2014) further liberalised FDI policy — FDI inflow increased by 48%.

Increased from ~US $6 billion (1990-91) to US $413 billion (2018-19) to US $646.42 billion (March 2024). India is one of the largest foreign exchange reserve holders in the world.

Considerable increase in exports of auto parts, pharmaceutical goods, engineering goods, IT software, and textiles.

Annual inflation reduced from peak of 17% (1991) to ~5.48% (2015-16). RBI estimate for 2024-25: inflation around 4.5%.

Abolition of licensing system. Removal of restrictions on entry of private sector in areas earlier reserved for public sector. Enlarged the area of operation of the private sector.