New Delhi: India’s GDP growth was estimated at a robust 7.8 per cent in the January-March quarter (Q4) of 2025-26, as result of which the growth rate for the full financial year works out to 7.7 per cent on the back of a strong performance of the agriculture, construction, and services sectors, data released by the Ministry of Statistics on Friday showed.
The secondary sector recorded a strong 8.8 per cent growth while the tertiary sector grew by 9.9 per cent, according to the official statement.
The primary sector recorded a 3.2 per cent growth, mainly driven by the performance of the agriculture and fisheries sectors.
Manufacturing, trade, repair, hotels, transport, communications and services related to broadcasting, storage, financial, real estate, and professional services sectors have attained double-digit growth during 2025-26, the official statement said.
On the expenditure side, both private and final consumption expenditure and gross fixed capital formation have exhibited over 7.5 per cent growth during 2025-26.
This reflects the massive investments by the government in big-ticket infrastructure projects, such as highways, railways, ports and airports, which have helped to drive up the growth rate as India continues to be the fastest-growing economy amid the global slowdown.
The GDP figures are the first to be published using the revised base year of 2022-23, making it an important benchmark for assessing the economy’s recent performance.
Earlier, the Second Advance Estimates released by the National Statistical Office (NSO) placed India’s real GDP growth at 7.6 per cent in 2025-26, owing to strong expansion in private consumption and fixed investment. Robust performance of the manufacturing and services sectors was the growth driver from the supply side.
The IMF had forecast India to be the only economy that is expected to clock an over 6 per cent growth rate in 2025-26 as the US tariff turmoil was expected to disrupt world trade and slow down the growth of the global economy.
(IANS)
