GDP growth in India may ease to 7.2% in July-Sept on sluggish economy: Icra
The dip in the growth number will be largely on account of a pull down from industry where growth is expected to slow down to 7.1 per cent in the September quarter as compared to 10.3 per cent in June and the farm sector, which may slow down to 3.5 per cent from 5.3 per cent, domestic rating agency Icra said in a report.
After the strong upswing in April-June quarter, GDP growth for July-September is expected to dip to 7.2 per cent due to sluggishness in agriculture and industry. Image source: Reuters