Upswing manufacturing activity accelerates India's GDP

An upswing in manufacturing activity accelerated India's GDP growth rate for the first quarter of 2018-19 to 8.2 percent, official data showed here on Friday.

According to the Central Statistics Office (CSO), the GDP at 2011-12 prices in the first quarter (Q1) of 2018-19 registered a growth rate of 8.2 percent, up from 7.7 percent reported for Q4 of 2017-18.

"The economic activities which registered growth of over 7 percent in Q1 of 2018-19 over Q1 of 2017-18 are 'manufacturing', 'electricity, gas, water supply and other utility services', 'construction' and 'public administration, defense, and other services'," a statement by Ministry of Statistics and Programme Implementation said.

"The growth in the 'agriculture, forestry and fishing', 'mining and quarrying', 'trade, hotels, transport, communication and services related to broadcasting' and financial, real estate and professional services is estimated to be 5.3 per cent, 0.1 per cent, 6.7 per cent, and 6.5 per cent respectively during this period."

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