India’s GDP growth for the January-March quarter of 2025-26 stood at a robust 7.8%, leading to a full-year growth rate of 7.7% supported by strong showings in agriculture, construction, and services sectors, as per data from the Ministry of Statistics. The secondary sector saw an impressive 8.8% growth, while the tertiary sector grew by 9.9%, as mentioned in an official statement. The primary sector also showed growth at 3.2%, primarily fueled by agriculture and fisheries sectors.
Manufacturing, trade, repair, hotels, transport, communications, and various services sectors achieved double-digit growth in the fiscal year 2025-26, according to the official statement. Both private and final consumption expenditure, along with gross fixed capital formation, exhibited growth rates exceeding 7.5% during the same period, reflecting substantial government investments in major infrastructure projects like highways, railways, ports, and airports, boosting India’s growth rate as the fastest-growing economy amid global economic slowdown.
The GDP figures released are the first to utilize the revised base year of 2022-23, serving as a crucial benchmark to evaluate the recent economic performance. Earlier estimates by the National Statistical Office (NSO) placed India’s real GDP growth at 7.6% in 2025-26, driven by strong expansions in private consumption and fixed investment, with manufacturing and services sectors playing key roles in growth. The IMF had projected India to be the sole economy with a growth rate exceeding 6% in 2025-26, amidst expectations of global economic slowdown due to US tariff disputes disrupting world trade.
