Categories: Finance

Indian GDP: Fast growth of the emerging super power

The good news from the periphery of the GDP displays the timely arrival of Modi in 2014.

India’s fast Gross Domestic Product now expects global elevation in  the years to come. The latest report of the quarter shows its pace. The official figures report that around  13.5% growth in the April to June quarter of this year predicts greater hopes.

The staticians hold that India is whooshing towards the top place as the world’s fastest-growing large economy. Another exhilarating news already a good sign towards this with India replacing Britain the world’s Fifth Biggest Economy.

With the positive overview, the current financial year ending in March 2023 is likely to grow more and might also break a record.

Reasons to be optimistic are many. Looking at the capacity utilization in Indian manufacturing we find it hitting 75% recently which is considered to be the highest in the last ten years.

There are also hopes that the debilitated private sector investment being the problem plaguing the Indian macro-economy may also find a way to be flow-rich now.

Parijat Tripathi

Recent Posts

Gautam Adani Hails Puri Lifeguards As Unsung Heroes During Rath Yatra Visit

Gautam Adani, Chairman of the Adani Group, visited Puri in Odisha during the annual Rath…

8 hours ago

Acharya Pramod Krishnam Slams Congress Over ‘Internal Emergency’ Allegation

Acharya Pramod Krishnam, stirred political debate by claiming an 'internal emergency' still exists within the…

9 hours ago

MRM Meeting: Pledge for Global Peace, Green India, De-addiction & Democratic Integrity

Taking a crucial step toward positive transformation, social reform, and global peace, the Muslim Rashtriya…

9 hours ago

India To Host 2029 World Police & Fire Games; Amit Shah Hails Global Recognition

India has been chosen to host the prestigious 2029 World Police and Fire Games in…

9 hours ago

Seeing The Lord Among Devotees Is The Pinnacle Of Humility: Gautam Adani At Rath Yatra

Gautam Adani, along with his wife and Karan, participated in the Rath Yatra in Puri,…

12 hours ago

PM Modi Interacts With Group Captain Shubhanshu Shukla Aboard The ISS

PM Narendra Modi interacted with Group Captain Shubhanshu Shukla, the first Indian to reach the…

13 hours ago