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Below is Perspective on GDP numbers by Ms. Shweta Thakker, Chief Sales & Marketing Officer, AhujaHIVE

“The Indian economy continues to grow as the GDP data reports of the first economic quarter reach an unexpected high of 20.1% on the back of promising inflation numbers announced earlier citing a low base effect. Some of the key indicators that capture India’s positive economic performance are the uptick in investment demand and the promising nature of consumer spending despite hitting rock bottom in the first two waves followed by the pandemic induced lockdown. The construction sector reportedly grew at 68.3% against a contraction of 45% in the past year citing an uplifted consumer confidence across the realty sector. The industry is slated for a much more fast paced recovery as compared to the disruption caused by the first wave in tandem with strong signs of revival in the economy."

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