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GDP growth touches 8.2% in Q1FY19; July core sector growth at 6.6%

The growth cemented India's position as the fastest growing major economy, clocking higher expansion rate than China's 6.7% in the same quarter

India's market cap to GDP nears 100%
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Press Trust of India New Delhi

India's economy grew at 8.2 per cent in the April-June quarter of 2018-19 on strong performance of manufacturing and agriculture sectors, increasing its lead over China to remain the world's fastest growing major economy.

The Gross Domestic Product (GDP) at constant prices (2011-12) had grown at 5.6 per cent in the April-June quarter of last fiscal, according to government data released Friday.

The size of the GDP in the first quarter of 2018-19 was estimated at Rs 33.74 lakh crore, as against Rs 31.18 lakh crore in Q1 of 2017-18, a growth rate of 8.2 per cent, as per the statement of