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India's Economy Surges 7.8% in Q3
27 Feb
Summary
- India's economy grew 7.8% in Q3 under new GDP series.
- FY2025-26 real GDP growth is projected at 7.6%.
- Manufacturing sector posted double-digit growth.
India's economy experienced a significant growth spurt, with a 7.8% increase in the October-December quarter of FY2025-26, as per data from the Ministry of Statistics and Programme Implementation. The government's revised estimates forecast a real GDP growth of 7.6% for the entire fiscal year 2025-26, an upward revision from previous projections.
The robust performance in the latest quarter follows a strong 8.4% growth in the preceding quarter. Manufacturing emerged as a key driver, notching double-digit growth in FY2025-26, contributing to an overall expansion across secondary and tertiary sectors exceeding 9%.
On the demand side, private consumption and investment both showed growth above 7% in FY2025-26. This indicates healthy household spending and continued capital formation, painting a positive picture for India's economic outlook.
