The manufacturing and mining sectors drag down India's Q2 GDP growth to 6.3%.
India remained the fastest-growing major economy, with China posting 3.9 percent growth in July-September 2022. This fiscal year's gross domestic product (GDP) increased by 13.5 percent in the April-June quarter. The second-quarter GDP growth rate is almost identical to the RBI's forecast of 6.1 percent to 6.3 percent. According to the National Sample Survey Office, India's Gross Value Added (GVA) increased by 5.6 percent in July-September to Rs 35.05 lakh crore (NSO). GVA growth in the farm sector slowed to 4.6 percent in the second quarter, down from 3.2 percent the previous year.
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01-2026
