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India's Economy Grows 7.8% in Q1, Driven by Manufacturing and Services

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India's economy expanded by 7.8% in the April–June quarter, marking a strong performance for the period. The growth was primarily fueled by a robust manufacturing sector and a resilient services industry. Domestic demand also rose significantly, supported by higher levels of investment and increased exports. The economy demonstrated notable resilience despite ongoing global headwinds, including geopolitical tensions and adverse weather conditions. In response to the strong performance, the government has revised its growth estimates for previous financial years upward.

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India's Economy Grows 7.8% in Q1, Driven by Manufacturing and Services · ShortSingh