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The Economic Times

Opinion / The Economic Times

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Indias growth looks strong on paper, but demand tells another story

The recent rebasing of India's GDP has ignited a lively discussion among economists. Although official statistics indicate a boost in genuine growth, the use of a low deflator raises concerns regarding the veracity of manufacturing data and overall GDP growth. Experts warn that we may be looking at an inflated growth narrative.

18 Mar 2026 11:41 pm