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INDIA'S ECONOMIC GROWTH SURGES, DEFYING GLOBAL CHALLENGES

  • NEWS Desk Global
  • Dec 18, 2023
  • 1 min read



In a display of resilience and economic fortitude, India is charting a path of accelerated growth, outpacing global uncertainties. According to Asian Development Outlook, recent data reveals that India's GDP expanded at a robust rate of 7.1 per cent in the first three quarters of the calendar year, propelled by strong industrial production and substantial investment.

India's industrial sector, including manufacturing, mining, construction, and utilities, experienced double-digit growth, contributing significantly to the overall economic expansion. The data for the second quarter of the fiscal year 2023 demonstrated a noteworthy GDP growth of 7.6 per cent, underscoring the nation's economic vigour.

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