India's GDP Growth Slowed To 5.4% In July-September, Lowest In 2 Years

India remained the fastest-growing major economy as China's GDP growth in the July-September quarter this year was 4.6 per cent.

India's economic growth slowed to near two-year low of 5.4 per cent in July-September quarter of the ongoing fiscal against 8.1 per cent in the year-ago period, mainly due to poor show by manufacturing sector, according to official data released on Friday.

India remained the fastest-growing major economy as China's GDP growth in the July-September quarter this year was 4.6 per cent.

The previous low level of GDP growth at 4.3 per cent was recorded in the third quarter (October-December 2022) of financial year 2022-23.