US EditionIndia's economy grows at its fastest pace in six quarters in election boost for Modi
- India's economy grew by 8.4% in Q3, boosting Prime Minister Narendra Modi's image ahead of elections.
- Manufacturing sector surged by 11.6% year-on-year in December quarter.
- Private consumption rose by 3.5%, contributing to the country's robust economic growth.
23 Articles
23 Articles
Indian economy expanded by 8.4% in final three months of 2023
A boom in manufacturing helped India's economy surge in the fourth quarter with annual GDP up 8.4% compared with the same period in 2022, as the world's fastest-growing economy eyes its nearest rivals, Japan and Germany.
India's GDP grew 8.4% in Q3; economy expected to grow 7.6% this year
India’s Gross Domestic Product (GDP) grew 8.4 per cent in the third quarter (October-December quarter), according to the data released by the National Statistical Office (NSO) on Thursday (Feb 29) marking the fastest pace with which the economy grew in one-and-half years, beating all estimates. India’s economic growth beats estimates The economic growth reported for the third quarter was much higher than the estimated 6.6 per cent by economist
India's economy grows at its fastest pace in six quarters in election boost for Modi
NEW DELHI: India's economy grew at its fastest pace in one-and-half years in the final three months of 2023, led by strong manufacturing and construction activity, bolstering Prime Minister Narendra Modi's economic record just months before a national election.
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