India's Economy Grows by 7.4Pct

India said on Monday the country's gross domestic product (GDP) grew by 7.4 percent in fiscal year 2009 that ended in March, beating the government's estimate of 7.2 percent.

A manufacturing rebound and recovery in agriculture sector boosted the growth, according to a statement released by the country's statistic bureau.

India's GDP climbed by 8.6 percent year on year in the first three months, or the last quarter of 2009-10 fiscal year.