;
Home / Knowledge / News / Textiles / India's GDP growth estimated to be 6.6% in 2017-18
India's GDP growth estimated to be 6.6% in 2017-18
31
Mar '18
India
India’s gross domestic product (GDP) growth rate at constant (2011-12) prices is estimated to be 6.6 per cent in fiscal 2017-18 compared to a growth of 7.1 per cent in 2016-17, 8.2 per cent in 2015-16, 7.4 per cent in 2014-15 and 6.4 per cent in 2013-14, according to the second advance estimates released by the Central Statistics Office (CSO) in February end this year.

The decline in growth in the current fiscal is on account of lower growth in agriculture and allied sectors, mining and quarrying, and manufacturing sectors, minister of state for finance Pon Radhakrishnan told the parliament upper house recently.

The growth of the services sector, however, is likely to accelerate from 7.5 per cent in 2016-17 to 8.3 per cent in 2017-18, a finance ministry press release quoted the minister as saying. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

British PM's Brexit divorce deal defeated in parliament

Textiles | On 16th Jan 2019

British PM's Brexit divorce deal defeated in parliament

British Prime Minister Theresa May's Brexit divorce deal was defeated ...

Garment industry in Laos continues to face challenges

Apparel/Garments | On 16th Jan 2019

Garment industry in Laos continues to face challenges

Apparel firms in Laos are facing several problems ranging from...

India's economy to grow fastest in 3 yrs: govt data

Textiles | On 16th Jan 2019

India's economy to grow fastest in 3 yrs: govt data

India’s economy is projected to grow at its fastest pace in three...

Interviews View All

Spokesperson, Hugo Boss

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Amardeep Singh, Orient Craft

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Mala Alwani,

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

N Nithyanandan,

N Nithyanandan

Incorporated in 1999, Purani Textiless Private Limited is one of the...

Carolin Russ,

Carolin Russ

Weko, Weitmann &amp; Konrad GmbH &amp; Co KG, based in south Germany, is...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marten Alkhagen, Swerea IVF AB

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Robert Brunner, Devereux

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


January 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search