India’s real GDP growth rate for the October-December quarter (Q3) of the financial year 2025-26 is projected at 7.8%, based on the new series with 2022-23 as the base year. The Ministry of Statistics released this data on Friday. The annual GDP growth rate for the full financial year 2025-26 is expected to be 7.6%, up from 7.1% in 2024-25, as per the advance estimates.
Real GDP is forecasted to reach Rs 322.58 lakh crore in FY26, compared to Rs 299.89 lakh crore in the first revised Estimate of GDP for FY25. The manufacturing sector has been a key contributor to the economy’s performance, showing double-digit growth in FY 2023-24 and FY 2025-26.
India’s economy has demonstrated consistent growth, with real GDP rates of 7.2% and 7.1% in FY 2023–24 and FY 2024–25, respectively. The revision of the National Accounts’ Base Year to 2022–23 and the new series of Quarterly GDP estimates reflect an improved estimation methodology and inclusion of new high-frequency indicators.
In the earlier estimates based on the old series, real GDP growth for FY 2025-26 was projected at 7.4%, up from 6.5% in FY 2024-25. The services sector has shown robust growth, particularly in financial services, real estate, professional services, and public administration, with a growth rate of 9.9% in FY 2025-26.
Manufacturing and construction in the secondary sector are expected to grow at a rate of 7%, while the agriculture sector is estimated to grow at 3.1%.
