Gross Domestic Product is the key indicator of the economical development which shows the health of the national economy. The year-over-year index measures changes in the market value of goods and services produced in India, i.e. the percentage GDP growth or decline, compared to the previous year. GDP calculation based on the economic activity allows evaluating the state of each sector, while the expenditure method reflects various economy areas, such as trading and investment.
GDP growth indicates that the economy is expanding. Therefore, the indicator increase is seen as positive for INR.