India’s Q2 GDP Growth Remains Strong Despite Industrial Weakness

India’s Q2 GDP growth remained robust at 8.2%, but industrial weakness and global tariff pressures weigh on the economy’s overall outlook.

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India’s Q2 GDP Growth Remains Strong Despite Industrial Weakness

India’s Q2 GDP Growth Remains Strong Despite Industrial Weakness
India’s GDP grew by 8.2% in Q2, driven by strong consumption and services growth. However, industrial output showed a decline, leading to some caution. The government continues to focus on expanding digital payments, with UPI volumes up 32% YoY. Exports remain under pressure, particularly in sectors impacted by global tariff pressures, but India is shifting towards self-reliance through new policy measures.
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  • economy
  • india