Indian economy is a developing mixed economy. It is estimated to achieve a growth of 7.2% in 2018-19, higher as compared to 6.7% recorded in 2017-18.1
Quarterly GDP at constant prices (2011-12) for Q3 of 2018-19 is estimated at US$ 523 bn against US$ 492 bn in Q3 of 2017-18 (marking a growth rate of 5.95 %)2
Gross Fixed Capital Formation, which stands as the proxy for Investments, at constant prices (2011-12) has increased to US$ 195 bn in Q3 of 2018-19 from US$ 192 bn in Q3 of 2017-18. Economic activities registering growth over 6% are: 3
Manufacturing, Electricity and gas, Water supply & other utility services, Construction, Finance and Real Estate, Trade, Hotels, Transport, Communication and Services Related to Broadcasting, Public Administration, Defense and Other services