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Easing Restrictions To Spur Demand In Indian Cities In 2021, Says GlobalData

Easing Restrictions To Spur Demand In Indian Cities In 2021, Says GlobalData
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COVID-19 crisis hinders India's economic recovery


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Economic activities in major Indian cities have been severely affected by the second wave of the COVID-19 pandemic, which led to full or partial lockdowns across the country.
Against this backdrop, the combined real GDP growth of nine major Indian cities has been revised downward to 9.28% in May 2021 from the earlier projection of 9.61% in January 2021, according to GlobalData.
Andhra Pradesh, Delhi, Karnataka, Kerala, Maharashtra, Tamil Nadu, Uttar Pradesh, and West Bengal reported more than 65% of the total confirmed cases as of 23 May 2021. Maharashtra, Delhi started imposing lockdown since mid-April 2021. Presently several states including West Bengal, Uttar Pradesh, Bihar, Chhattisgarh, Tamil Nadu, Karnataka, Rajasthan among others have either imposed or extended lockdowns until the end of May. ....

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