India GDP growth dips to seven-quarter low of 5.4% in July-Sept

Manufacturing and mining drag down growth, while agriculture shows improvement

20241128 India rain

People wade through waterlogged roads following heavy rains in Vijayawada, in the southern state of Andhra Pradesh on Sept. 4. © Reuters

KIRAN SHARMA, Nikkei staff writer

NEW DELHI -- India's economy grew 5.4% on an annual basis in the July-September quarter, far below expectations and marking the slowest pace in seven quarters, amid a "sluggish" performance by sectors such as manufacturing and mining, government data showed on Friday.

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