Quote on India`s GDP Growth Number by Dr. Manoranjan Sharma, Chief Economist, Infomerics Valuation and Ratings Ltd
Below the Quote on India`s GDP Growth Number by Dr. Manoranjan Sharma, Chief Economist, Infomerics Valuation and Ratings Ltd
“Defying earlier projections, India’s GDP growth surged to 8.2% in Q2—its strongest pace in six quarters. The expansion was underpinned by a resilient rural economy, stepped-up government expenditure, and front-loaded export shipments. While private sector capital formation remained muted, the combined strength of rural demand and public spending delivered a powerful boost to overall activity.
Private final consumption expenditure—accounting for nearly 57% of GDP—accelerated to 7.9% year-on-year during July–September, up from 7.0% in the previous quarter. Beyond consumption, the standout performer was manufacturing, which registered an impressive 9.1% growth compared with just 2.2% in the same period last year.
These robust numbers underscore that India’s strong growth trajectory is not an isolated spike but a sustained trend, reflecting underlying economic resilience and momentum.”
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