India’s Q3 GDP Growth Expected to Reach 6.2%: Report

India’s economy is expected to grow 6.2% in the third quarter, up from 5.4% in the second quarter. Union Bank of India made this prediction in a recent report.

The bank says the manufacturing and services sectors will drive growth. The government’s infrastructure spending and the Reserve Bank of India’s supportive policies will also help.

India’s economy has been slowing down, but this growth forecast is a positive sign. It suggests that the economy is recovering.

The report predicts that India’s GDP will grow 6.2% in the December quarter. This is good news for the country’s economy.