India's FY06 GDP gowth at 8.4%

India has sustained its high economic growth clocking a growth of 8.4% for 2005-06 compared to 7.5% the previous year.

According to the advanced GDP estimates released today, the high growth rate is on account of a 12% growth in construction and a 11.5% in busines services.

Manufacturing sector registered an increase of 9.7% while electricity, gas and water supply witnessed an increase of 5.3%.