India Q1 GDP Grows 7.8 Percent on Private Investment
India economy expanded by 7.8 percent in the April to June quarter as a private sector investment revival broadened growth beyond government spending. Investments rose significantly while consumption remained resilient despite external risks.
Xurve View
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Xurve View
India grew 7.8% in the April-June quarter, driven by an 11.9% surge in private investment that broadens the economic growth engine. The expansion marks a 12th consecutive quarter of beating economist forecasts. That strength shields the broader economy against commodity price swings and foreign portfolio outflows.
