Mumbai, Dec. 12 -- OPEC stated in a latest update that India's economy has shown ongoing steady momentum, following strong economic growth in 1H25 of 7.4%, y-o-y, in 1Q25, and 7.8%, y-o-y, in 2Q25, driven by strong private consumption and solid expansion in the services sector. India's economy expanded by 8.2%, y-o-y, in 3Q25, a six-quarter high. On the sectoral side, services output stood at 9.2%, y-o-y, following growth of 9.3%, y-o-y, in 2Q25. In contrast, manufacturing growth rose to 9.1%, y-o-y, on the back of higher electronics and automobile output, following 7.7%, y-o-y, in 2Q25. The overall momentum in these two industries continues to reflect resilient export demand and ongoing strength in domestic supply chains. On the expendit...
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