Prime Minister Narendra Modi emphasized on Friday that India’s growth trajectory remains robust, with a focus on enhancing the quality of life, business environment, and opportunities for the youth. He cited a GDP growth rate of 7.7% in FY 2025-26 and 7.8% in Q4 of FY 2025-26 as indicators of the nation’s economic resilience, attributing this success to reforms and the collective efforts of 140 crore Indians.
India’s position as one of the world’s fastest-growing major economies was underscored by PM Modi, contrasting it with the sluggish growth rates of countries like Germany, Japan, the Euro Area, and the G7 nations. He noted that China’s growth has decelerated due to internal economic challenges, while India’s GDP data reflects significant growth in private and public investments, particularly in key infrastructure projects like highways, railways, ports, and airports.
The official statement highlighted the impressive performance of various sectors in India’s economy during 2025-26. Notably, the secondary sector saw an 8.8% growth, the tertiary sector expanded by 9.9%, and the primary sector, driven by agriculture and fisheries, grew by 3.2%. Moreover, sectors such as manufacturing, trade, transport, and financial services achieved double-digit growth rates, showcasing the broad-based nature of India’s economic progress.
PM Modi reiterated the International Monetary Fund’s projection that India is poised to achieve over six percent growth in 2025-26, making it a standout performer amidst global economic uncertainties. This positive outlook comes amid disruptions in world trade and geopolitical tensions affecting the global economic landscape.
