GDP

GDP growth rebounds to 6.3% in September quarter

  • Neha Rai

 

  • India’s economy grew 6.3% in the three months ending in September from a year earlier, faster than a provisional 5.7% in the previous quarter, government data showed on November 30.
  • Infrastructure output grew 4.7% in October from a year ago, driven by higher refinery production.
  • The infrastructure output, comprising eight sectors such as coal, crude oil and electricity, accounts for nearly 40% of India’s industrial output.
  • The growth in output compares with a downwardly revised 4.7% year-on-year growth in September. During April-October, the annual output growth was 3.5%, data showed.

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