Highlights

  • The Indian economy grew 8.4% in Q3
  • The RBI had pegged the growth for this quarter at 6.5%
  • 3 semi-conducter chip manufcturing units to be set up in India

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Indian economy grows 8.4% in Q3, Govt’s ‘Make-in-India’ push for semi-conductors | The India Story

Robust growth in manufacturing and construction sectors along with high domestic demand has been credited  for India's GDP numbers. 

Indian economy grows 8.4% in Q3, Govt’s ‘Make-in-India’ push for semi-conductors | The India Story

The Indian economy grew 8.4% during the October-December quarter beating the estimates by the RBI and the Dalal Street. The RBI had pegged the growth for this quarter at 6.5%.

Also, in a big move to reduce India’s dependency on imports to the requirement of semi-conductors, the government has approved setting up of 3 chip manufacturing units in the country.

This week on India Story, Vikram Chandra takes you through some important growth numbers.

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