In the first quarter ended 30 June of the financial year 2015-16, India’s GDP increased by seven percent year on year, according to the estimates issued by the Ministry of Statistics and Programme Implementation of India.
In the April-June period of the financial year, the manufacturing sector in India saw an increase of 7.2 percent, while its growth rate had been 8.4 percent in the corresponding quarter of the previous year, both year on year. In the June quarter this year, the Indian construction sector increased by 6.9 percent, while it had increased by 6.5 percent in the April-June period of 2014, both on year-on-year basis.