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India’s GDP Grows 7.8%, Investment Momentum Holds As Oil Risks Loom

Mumbai: India’s economic expansion remains supported by domestic demand, investment and infrastructure spending, accordi...

India’s GDP Grows 7.8%, Investment Momentum Holds As Oil Risks Loom
Source: Free Press Journal - General

Mumbai: India’s economic expansion remains supported by domestic demand, investment and infrastructure spending, according to Bajaj Broking Prive’s outlook.Real GDP grew 7.8% in Q1FY27, while Gross Fixed Capital Formation increased 11.9%, indicating that investment outpaced economic growth.Investment’s share of GDP rose to 34.3% from 31.4% a year earlier. Central government capital expenditure increased 24%, with activity expanding across transport, power,...

SOURCE: Free Press Journal - General
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