India’s Q2 GDP Strengthens Even as Industrial Output Softens

India’s Q2 GDP rose sharply even as industrial output slowed, with strong UPI growth and selective export pressures shaping the macro picture.

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India’s Q2 GDP Strengthens Even as Industrial Output Softens

India’s Q2 GDP Strengthens Even as Industrial Output Softens
India’s Q2 GDP expanded 8.2%, reflecting broad based economic momentum, though industrial production hit a 14 month low. Despite the mixed data, consumption and services continued to show resilience. UPI volumes rising 32% YoY underscore underlying demand strength. 
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  • economy
  • india