India Q1 FY22 GDP - The Fastest Growing Major Economy: Anand Rathi

Traffic passes through a market area in Ranchi, Jharkand, India. (Photographer: Arko Datto/Bloomberg)

India Q1 FY22 GDP - The Fastest Growing Major Economy: Anand Rathi

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Research Report

With 20.1% growth, India becomes the fastest growing major economy of the world, a position the country is expected to maintain in FY22 and FY23.

Investment, particularly the construction part, has been the major driver.

Foreign demand also helped. Consumption and services showed relative weaknesses.

While the national lockdown in 2020 impacted industry hard, the rebound in June 2021 has been remarkable.

Services continue to face headwinds. Agriculture is resilient.

Click on the attachment to read the full report:

Anand Rathi Q1FY22 GDP.pdf

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