Lockdown effect: India's GDP to see contraction of 25% in Q1, say analysts

Manufacturing, construction, and trade, hotels, transport and communication will be the worst-affected segments in the official set of numbers to be announced by the government on Aug 31, they said

The country's gross domestic product (GDP) may have contracted by 25 per cent in the June quarter, which witnessed the strictest coronavirus-induced lockdowns, analysts said on Tuesday.

Manufacturing, construction, and trade, hotels, transport and communication will be the worst-affected segments in the official set of numbers to be announced by the government on August 31, they said.

A nationwide lockdown was imposed in the country on March 25, as the Covid-19 pandemic came ashore. While the impact to the economy has been the hardest, the number of those infected have continued to grow and the country has crossed a grim