BUSINESS

Which sector has shown growth in terms of GDP in India?

October 12, 2015

According to Central statistics office press note, GDP at current prices in Q1 of 2015-16 is estimated at 32.43 lakh crore, as against 29.80 lakh crore in Q1 of 2014-15, showing a growth rate of 8.8 percent.

Image: GDP growth from previous year


The quarterly estimate of GDP in Q1 (first quarter) for each sector has increased from Q1of previous year.

The top three industries are:

  1. Financial, insurance, real estate & professional services ( 6,59,453 crore)
  2. Trade, hotel, transport, communication & services related to broadcasting (5,85490 crore)
  3. Manufacturing (5,40,738 crore)

The top three industries which shown a highest growth rate are

  1.  Trade, hotel, transport, communication & services  related to broadcasting which has shown  growth rate of 10%
  2. Public administration, defence & other services which has shown a growth rate of 9%
  3. The two sectors manufacturing and agriculture, Forestry and Fishing has shown a growth rate of 7% 


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