India’s economic system grew 7.6 per cent within the September quarter as towards 6.2 per cent within the year-ago interval, in line with official information launched on Thursday.
India stays the fastest-growing main economic system, as China’s GDP progress within the July-September quarter this 12 months was 4.9 per cent.
As per the Nationwide Statistical Workplace (NSO) information, the GVA (Gross Worth Added) of the agriculture sector recorded a 1.2 per cent progress, down from 2.5 per cent within the July-September quarter of 2022-23.
The GVA progress of the manufacturing sector accelerated to 13.9 per cent within the second quarter of the present fiscal towards a decline of three.8 per cent a 12 months in the past.
The expansion in Gross Home Product (GDP) in the course of the April-September interval in 2023-24 stood at 7.7 per cent in comparison with 9.5 per cent within the first half of the final monetary 12 months.
The GDP progress within the first quarter of the present fiscal remained unchanged at 7.8 per cent.
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