India's GDP Growth Reaches 7.6% in FY 2025-26

India's real Gross Domestic Product (GDP) is estimated to grow at a rate of 7.8% in the first quarter (April–June) of the financial year 2025–26, marking the highest growth in the past five quarters.

In comparison, GDP growth in the fourth quarter of the previous fiscal year was 7.4%, while it was 6.5% in the first quarter of the previous year.

According to quarterly GDP estimates released today by the Ministry of Statistics and Programme Implementation (MoSPI), nominal GDP grew at a rate of 8.8% during the same period.

Sector-Wise Growth Highlights:

• Agriculture and Allied Sectors: Real Gross Value Added (GVA) grew by 3.7%, compared to 1.5% in the same quarter last year.
• Manufacturing Sector: Estimated growth of 7.7% in Q1 FY26.
• Construction Sector: Grew by 7.6% in the first quarter.
• Government Final Consumption Expenditure: Surged by 9.7% (nominal), up from 4% in Q1 of FY25.
• Gross Fixed Capital Formation: Rose by 7.8% year-on-year.
• Real Private Final Consumption Expenditure: Increased by 7.0%, down from 8.3% in the same quarter of the previous year.

These numbers reflect a broad-based economic recovery, driven by strong performance in the industrial and agricultural sectors, as well as increased government and private spending.