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India's GDP growth rose by 8% in the second quarter from a year earlier, higher than the average forecasts of 7.5%, according to the Central Statistical Organisation in New Delhi.

The figures show India's surging manufacturing industry is now providing a consistent second engine for economic growth alongside the long-booming services sector. Agriculture, boosted by a decent monsoon, also contributed to the strong data.

Economic Research Unit
Franklin + Andrews

eru@franklinandrews.com