Q1 GDP: India’s Economy Grew 20.1 Percent In April-June Quarter; Manufacturing Sector The Bright Spot

  • India’s real gross domestic product grew by 20.1 percent in the April-June quarter of the fiscal year 2021-22, a record quarterly print on the back of a low base last year, data released on August 31 showed.
  • The Reserve Bank of India had projected Q1 real GDP to grow by 21.4 percent.
  • Agriculture, the only sector which showed growth in Q1FY21 at 3.5 percent, this time around grew by 4.5 percent.