New GDP series doubles corporate share of construction, shifts hotels towards household sector

A new GDP series has been released, which significantly alters the way certain sectors are categorized. This change has resulted in private corporations now accounting for over a third of construction's total value-added, up from just 16% earlier. The increased corporate share of construction has important implications for markets and trade, as it may indicate a shift towards more commercial and large-scale projects.

Why it matters

The new GDP series provides a more accurate picture of India's economy. The changes to the corporate share of construction and the household sector's share of hotels and restaurants activity can help investors and policymakers make more informed decisions.

Market impact

Transmission channels

Likely winners & losers

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