India's GDP expands 20.1% in April-June from low base

Analysts say faster recovery for whole year linked to COVID vaccination pace

Shoppers flout COVID norms at New Delhi's Sarojini Nagar market on July 18. The damage to India's economy during the second COVID wave does not seem to be as severe as in the first wave last year. © Getty Images

KIRAN SHARMA, Nikkei staff writer

August 31, 2021 21:04 JST

Updated on August 31, 2021 22:15 JST

NEW DELHI -- India's economy grew 20.1% in the April-June quarter despite the country's deadly second coronavirus wave, mainly owing to a low base last year, official data released on Tuesday showed.

Ahead of the data's release, a Reuters poll of economists had estimated 20% growth for the three months through June, the first quarter of the country's financial year -- lower than the 21.4% predicted by the Reserve Bank of India, the central bank.