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India’s GDP growth projected at 7% in Q2 FY26, lower than Q1’s: ICRA
ICRA has projected India’s YoY GDP expansion to have eased to 7 per cent in Q2 FY26 from 7.8 per cent in Q1.
It also projected the gross value added (GVA) growth at 7.1 per cent in Q2 FY26 from 7.6 per cent in Q1.
Manufacturing GVA growth is expected to have risen to a six-quarter high of 9 per cent in Q2 FY26 (plus 2.2 per cent in Q2 FY25) from 7.7 per cent in Q1 (plus 7.6 per cent in Q1 FY25).
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