Economy

India GDP beats forecasts with 6.1% jump in March quarter

Economy grew 7.2% for year as infrastructure drive fuels optimism

20230531 india factory

India's manufacturing sector remains weak, despite better-than-expected economic growth for the year ended in March. © Reuters

KIRAN SHARMA, Nikkei staff writer
May 31, 2023 21:13 JST
Updated on June 1, 2023 00:43 JST

NEW DELHI -- The Indian government said on Wednesday that gross domestic product grew 6.1% on the year in the January-March period, up from 4.5% in the previous quarter, as the economy continues to recover from the effects of the pandemic.

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