India's GDP growth for July-September stood at an impressive 7.6%, surpassing predictions of 6.8%.
The significant rise, driven by increased activity in manufacturing and construction, defied earlier expectations of a slowdown. The manufacturing sector's growth surged to 13.9%, up from 4.7%, while construction saw a rise to 13.3% from 7.9%.
Despite agricultural growth slowing to 1.2%, the overall GDP performance was robust. GDP growth for H1 2023-24 is at 7.7%, down from 9.5% in the same period last year.