Home Economic Indicators India Posts 7.8% GDP Growth in Q1

India Posts 7.8% GDP Growth in Q1

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India’s Economy Expands 7.8% in Q1

India’s economy grew by 7.8% in the January-March quarter compared to the same period last year, according to the National Statistics Office on Friday.

Quarterly Growth Follows Previous Expansion

This quarterly growth follows a revised 8.0% increase recorded in the prior quarter, reflecting sustained momentum in the South Asian economy.

Full-Year Economic Outlook

For the full fiscal year ending in March, the government expects the economy to have grown by 7.7%, slightly higher than the 7.6% forecast released in February.