Posted 12/2/2023, 2:00:35 AM
India's Economy Shows Resilience with 7.6% Growth in Q2 Backed by Manufacturing and Investments
- Indian economy grew 7.6% in Q2, manufacturing expanded 13.9% showing uptick in sector
- Corporate health remains good with strong bottom line and top line growth
- Historic high investment announcements of Rs 37 lakh crore in 2022-23
- Agriculture grew 1.2% in Q2, allied activities cushion impact of low kharif output
- Services moderated but expected to pick up in Q3 on festive boost; 7% GDP growth forecast for year