Where the Indian economy stands, 18 months into the pandemic ...Middle East

The Covid-19 outbreak and stringent lockdowns over the last 18 months made the Indian economy contract for the first time in more than 40 years. But despite a devastating second wave in April, the economy has since shown signs of improvement, partly driven by increased demand for Indian products, which has led to growth in exports and factory output.Business activity has largely recovered to pre-pandemic levels, but the challenge is to maintain that trajectory. And while the supply of most goods has stabilized, economic growth can only be sustained if consumer demand grows considerably.India’s GDP path to pre-pandemic levelsRead the rest of this story on qz.com. Become a member to get unlimi

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