The Reserve Bank of India highlighted that the nation’s economic growth has been supported by a strong performance in agriculture, sustained momentum in the services sector, and moderate industrial expansion. Despite global economic uncertainties, the country’s economy has shown resilience, according to the RBI’s monthly bulletin.
In its State of the Economy report released on Wednesday, the central bank noted that as trade tensions and uncertainties increase globally, India has an opportunity to strengthen its trade relationships. It emphasized that forming more robust trade alliances could help the country deepen its involvement in global supply chains and enhance long-term economic integration.