Demand pushes up construction and manufacturing sectors in Q4FY21: Experts

However, the growth is largely driven by pent-up demand and holds ominous signs for the current quarter as the second wave is seen to have affected that very part of the economy

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Labourers work at a construction site as unlocking process begins in New Delhi (Photo: PTI)

Sanjeeb Mukherjee New Delhi
Construction, manufacturing, financial services and agriculture showed positive Gross Value Added (GVA) growths in the fourth quarter of last fiscal year, driven largely by pent-up demand in the first three and stupendous growth in output in the fourth, experts said.

However, the growth in the key sectors of construction and manufacturing driven largely by pent-up demand also holds ominous signs for the current quarter as the second wave of Covid-19 is seen to have affected that very part of the economy, the experts added.

Among the four, construction registered a healthy growth of 14.5 per cent in the January to

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First Published: May 31 2021 | 8:55 PM IST

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