Mumbai, Dec. 2 -- The persistent and consistent GDP growth of India reflects significant policy steps undertaken by the government towards Viksit Bharat@2047, said Mr. Rajeev Juneja, President of PHDCCI. Y-oY growth is showing a consistent uptrend in GDP at market prices for last four consecutive quarters. Based on sequential quarter-on-quarter growth, GDP growth after a dip in Q1 FY2025-26 (-6.7%) is moving towards its long-term mean reversion growth rate of 1.7%. India's GDP trajectory is also being supported by robust consumption, and a planned decrease in MPC rates along with a softening trend of CPI and WPI inflation, he added. India's economy has continued to develop steadily; in the second quarter of FY 2025-2026, real GDP increased ...