ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

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

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

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.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more