Groos P1
Groos P1
Groos P1
The Gross Domestic Product (GDP) in India expanded 0.70 percent in the first quarter of 2020 over the
previous quarter.
3Y 10Y MAX
In India, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and
services produced by the Indian economy during the quarter. India is the world’s tenth largest economy and
the second most populous. The most important and the fastest growing sector of Indian economy are
services. Trade, hotels, transport and communication; financing, insurance, real estate and business services
and community, social and personal services account for more than 60 percent of GDP. Agriculture, forestry
and fishing constitute around 12 percent of the output, but employs more than 50 percent of the labor force.
Manufacturing accounts for 15 percent of GDP, construction for another 8 percent and mining, quarrying,
electricity, gas and water supply for the remaining 5 percent.
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