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India's economy seen growing at steady 7.6 percent pace in April-June

Updated : August 29, 2018 09:48 AM IST

The poll results suggest domestic demand was strong, driven primarily by manufacturing activity that remained solid despite elevated oil prices and a weakening Indian rupee.
In the April-June 2017 quarter, India reported relatively weak annual growth of 5.6 percent, as manufacturing activity contracted.
The Indian government's preferred growth measure, gross value added (GVA), is predicted to have marginally declined to 7.5 percent from 7.6 percent the previous quarter, hampered by weak agriculture growth.
India's economy seen growing at steady 7.6 percent pace in April-June

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