Indian economy grows at 7.3% in 2014-15, up from 6.9% a year ago

The Indian economy grew at 7.3 per cent in 2014-15 due to improvement in the performance of both services as well as manufacturing sectors.

According to the data release by the Central Statistics Office (CSO) on Friday, the economic growth was 6.9 per cent in 2013-14 as per the new series of national accounts with base year of 2011-12.

The growth in 2014-15 was lower than the advance estimates of 7.4 per cent released in February.