Indian Economy Soars: GDP Growth Reaches 7.8%, a Five-Quarter High

India’s economy has witnessed a remarkable surge in the first quarter of the current fiscal year, with GDP growth hitting a five-quarter high of 7.8%. This impressive performance marks a significant acceleration from previous quarters and signals a robust economic recovery.

Cross-Sector Strength Fuels Economic Expansion

The strong GDP growth is attributed to broad-based strength across various sectors of the Indian economy. This positive momentum suggests a healthy and sustainable economic expansion.

Previous Growth Peak in March 2024

The last time India experienced faster GDP growth was during the quarter ending in March 2024, highlighting the significance of the current figures.