BUSINESS

India March Quarter GDP Grows At 6.1%, Fiscal Year Up 7.1%

31/05/2017 6:12 PM IST | Updated 31/05/2017 6:14 PM IST
Shailesh Andrade / Reuters

India's economy grew 6.1 percent in the three months through March from a year earlier, slowing from a provisional 7.0 percent in the previous quarter, government data showed on Wednesday.

Analysts polled by Reuters had forecast annual growth of 7.1percent in the quarter.

For the 2016/17 fiscal year ending in March, growth came in at 7.1 percent in line with the official estimate. The economy grew a revised 8.0 percent in 2015/16.

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