India, Sept. 1 -- The Government of India has issued a release:
India's economy began 2026-27 on a strong note, with real GDP growth accelerating to 7.8% in Q1, riding on manufacturing and services, while real GVA rose 8.2%. Investments rose by 11.9%; household consumption grew 7.1% and exports grew by 12.0%. This momentum continued into July, with industrial production up 6.7%, while cumulative merchandise and services exports during April-July rose 13.16% year-on-year. Credit to industry and services grew 20.0% and 22.9%, respectively, in July.
Growth Accelerates in the First Quarter
Gross Domestic Product (GDP) is the value of final goods and services produced in the domestic economy in an accounting period.
Gross Value Added (GVA) m...