that could keep the industry there from dying out. and an indonesian fashion brand looks to the path for ways to make clothes that are good for the future of the earth. welcome to dw business. i'm christy plants in india's economy grew at 13.5 percent in the 2nd quarter. that's compared to the same period in the last year. it's an astonishing double digit figure at a time when other major economies are in trouble. global economic growth has slumped amid recession fears caused by spiking energy prices that followed russia's invasion of ukraine. india shook off the effects of the downturn of the pandemic period and is expected to post a 7.4, annual g d p g d p growth. this year, seemingly recovering ground last almost 3 years ago. now, india's g d p growth has been outperforming other major world economies, even as they bounce back from the pandemic. they've been struggling with the fault from the war and ukraine, including rising food and energy prices. china's been hard hit by locked on measures and supply issues. now in the last 10 years,

india kept growing until the pandemic which hit its economy hard. g d p declined a sharp 6.6 percent in 2020. now the economy started recovering in 2021 with a booming 8.9 percent growth in g d p. this year, india's economy is expected to grow by 7.4 percent. but not all is rosy. falling water levels, there could have severe consequences for rice production and important stable crop . but farmers hope innovative techniques can keep the positive moment. i'm going. ah, anyone who has driven through the state of one job is familiar with dis sacked fields of body. the rice crop. historically rice has been grown here just like this. the method is called paddling where crops are submerged in water for weeks. this is one of the most water intensive ways to cultivate body and the results are in

punjab is now facing and increasingly severe water crisis. farmers and having to figure out ways around it. like good breed thing. who was experimenting with a technique that is making inroads in north india bonnie back in. okay, almost. every year the water level is falling by 5 to 10 feet or up to 3 me does in our line, arguable only be adopted. the died at sewing of rice technique good because it requires less water level of thought. again, you started to understand how the direct sewing technique works. now we've got to look at the older method 1st. traditionally, saplings of rice are grown in a nursery for weeks. and transplanted into the field which are flooded. but rice is not actually in aquatic crop. it just has a great ability to tolerate being submerged. the what is mean role is to repel pests and works as a natural we decide. in an on 5 month,

the crops can be harvested and done into rice in the form. we know. but this method uses up to 5000 liters of water per kilogram of rice and has been jobs. water tables shrinks, it is predicted that rice may not groovy on a few decades. direct sewing or the dsr technique is the alternative where seeds are so indirectly by hand or machines. more seeds may be needed for the same area, but yields remain largely on power. the traditional method machine to save labor and related costs and landed in punjab whether it was a labor shortage quantity. i didn't like that. it wouldn't be yes. i have saved almost 20 percent of my water. and you can see here, this has not affected the quality of my paddy at all. i'm not gonna go that the engine state government is now offering farmers compensation for bees. 1500 around 18 euros a season to switch to the new method to conserve water landscape. while for more on

the ground in india, we go now to our corresponding indelicate charo kartik high up. we just heard a bit ago about the struggles in the rice industry in india, but at the same time the country, it just registered the huge growth and g d. p in the 1st quarter. what seems to be working out there right now because some things are obviously struggling. well, christie, most economists are pointing out 2 things. one does do the b growth numbers is essentially because of the base effect. because last year the growth was pretty bad and i knew when the economy was still in the throes of urban demik, autonomic related stress and now, and the economy appears to be leaving that stress behind and which is 0, which is what has been reflected in these numbers, however, ah, what in does a reserve bank had predicted was a 16 percent growth. so this is a business that this growth is low here as compared to what was expected out of the

indian economy. so even the debate effect has trick allenby, expected the expectations have really not been met. do. there is, of course, a positive story and that positive stories about the rebound in the services sector . they seem to have a b have been doing well. private consumption is picking up, which means that demand in the economy is picking up and are, those are the really the silver linings? ok, what are you at the point that this, these numbers are compared to last year when we were in the midst of the kobe pandemic? how do these figures actually compared to pre covered india? but you can see that's the problem. a pre call that, as most economists are pointing out, as compared to the peak of a situation where the situation is still not comfortable, as the growth would be somewhere around 4 percent as compared to the pre corporate level. so which means that the demand is yet to pick up, the growth has yet to pick up as compared to what it was several years ago or even before corporate, big one. and we had started slowing down because of the cascading effect of

multiple steps, or multiple developers that happened economy. there was the monetization, there was a introduction of the goods and services tax, and then the band, emmy came in. so the domino effect sort of all these events at the new going to be, is yet to leave that kind of stress behind it. okay, well, i'm hearing a little bit of a mixed message from you. but what we also know is that g d p in india, overtook the u. k in this quarter to become the 5th, 5th largest economy, behind the us, china, japan, and germany. we're also seeing china status diminishing on the global stage is in the are going to be taking place. what do you think? well yeah, that's, that's the buzzword and has created a given rise to low celebration india that will be in the economy. b, u. k is, but then that's only strictly in terms of the g d p growth in terms of per capita g d, p and you're still far, far behind you. k, it is also behind china. and

a lot of going to say that in the us, structural problems are not enabling the economy to unleash the potential that it really has. so while it always becomes a point of discussion to find out whether india or when will india overtake china, the point is that it didn't go on him is yet to correct a structural a defects manufacturing for example, which used to be the main stay and which is responsible for the largest number of jobs in the countries yet to take off. manufacturing growth in manufacturing is not picking up jobs in manufacturing or not coming back and for, for, for, for the economy to, to really move ahead and to beat other economies internationally. the sector is most critical and the expected growth in manufacturing sector especially is not happening. christy, right, char, cartucker, and l. a. thank you for those insights. let's have a look at some of the other global business stories making this the european

central bank has raised its key interest rates by an unprecedented 75 basis points today. this is the 2nd time e. b has raised its main rate this year in an effort to curb or inflation in the euro areas, which stands at an all time high, 9 percent. meanwhile, the british pound has plummeted to its lowest level against the us dollar since $985.00. it's largely due to a weaker outlook expected for the okay. economy. the bank of england expects the economy to shrink from now until the end of 2023. once again, the main reason rising energy costs due to russia for in ukraine, the prices have fallen to their lowest level thrushes invasion of ukraine. and february brent crude drop below $88.00 a barrel amid looming recession risk for the global economy. surging inflation and rising interest rates are weighing on consumption. apple has unveiled its new iphone 14 models along with new earbuds and watches. despite price inflation across apple supply chains, it's kept the prices for the devices the same as last year. apple's last i phone

was highly profitable, fight flowing, global smartphone sale the textile industry and indonesia has struggled in recent years and has only just started recovering from a decline and demand due to the pandemic. even though apparel is the key industry of the country still imports 99 percent of the cognitive processes. now one startup is setting out to change that and reviving the industry with old methods. it was a radical change, of course for denny kathy adeney flesh when a few years ago, she and her dutch husband moved back to her homeland of indonesia quickly. they were drawn to remote villages, like here near toobin on the island of java. when i was in the villages, i start realizing that there are women who flies are impacted by our every their choice of while we were. and i realized that i wanted to then build a bridge between people all around the world who care about this issue for care

about where to close. come from with the very women who actually make it the very women who the plans that are used to make the clothes in 2016, using her savings. she found that sucrose sita, let's indonesian for lack their mission, work with local women to revive their forefathers working techniques. like using plants to color the cotton harvested in the fields. we were kind of showing that you can grow cotton in a way that's actually beneficial for the environment as beneficial for the farmers that doesn't require tons of pesticides and brutalizes. right? that's so important because they should and biggest footprint of fashion comes from the materials. especially when you talk about climate change is actually more than half of the climate impact comes from the way closer grown or the fibers are made, and also how they died. today the start up is working with more than 1500 women on

cotton fields is stretching over 20 hectares. the close produce here are sold online. the are social media and in their store in jakarta, the nicoli had any flesh says it wasn't easy to convince customers to spend more money in order to get a more sustainable product. we have to really work very hard to make sure there is enough awareness and therefore the man for all these products basically. and we were actually very happy because we managed to ship our english products to now over 30 countries and that manage the sustain all their field work that we do on the religious level. to day suca, sita is profitable and the founders want to even grow the business. the farm is said to be expanded to $1000.00 actors, all based on the expectation that more customers will put green and fear over cheap . a quick reminder of our top story. in the as economy grew

13.5 percent in the 2nd quarter. that's compared to the same period in the last year. it's an astonishing double to just figure out a time when other major economies are in trouble. well that's our show for more check us out a d, w dot com backslash business, and the d. w. news, youtube channel. we're all on facebook. thanks for watching. i'll see you tomorrow, [000:00:00;00] with a,

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ah ah ah ah ah, this is dw news alive a from berlin. doctors concerned for the health of britons. queen elizabeth buckingham palace says the 96 year old monarch is under medical supervision. members of the royal family, hurry to be by her side also coming up on a shout, a renewed commitment to long term help for ukraine. we will work together to train