Economics

India Cruised Road to Recovery Just Before New Virus Wave Hit

Rebound helped by rise in exports and liquidity conditions
Services and manufacturing sectors expanded at slower pace

WATCH: "Why is Covid-19 devastating India? Raina MacIntyre, a professor of biosecurity at the University of New South Wales in Sydney outlines what can be done and how it could possibly get worse.(Source: Quicktake)

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By Anirban Nag

April 29, 2021 at 9:00 PM UTC

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Economic activity in India picked up speed last month, signaling it was well on the road to recovery before a new wave of coronavirus infections derailed progress.