Estimated GVA growth in India FY 2020-2021 by sector

The service sectors in India had the highest estimated GVA growth rate in fiscal year 2020 at 6.5 percent, estimated to increase to 6.8 the following year. In the previous fiscal year, services accounted for over 54 percent in GVA contribution, significantly and consistently higher since financial year 2010.

Estimated GVA growth across India in financial year 2020, with a forecast for 2021, by sector

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Source

Release date

April 2020

Region

India

Survey time period

March 6 to 19, 2020

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.

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