Economy Grows Faster Than Expected at 7.8%
India GDP Growth Hits 7.8% in April-June, Beats Expectations
India's economy recorded 7.8% real GDP growth in the April-June quarter of FY2026-27, exceeding the 7.1% growth economists had expected. The latest figures point to continued strength in domestic economic activity despite global uncertainty and elevated energy costs.
Manufacturing, financial services and investment were among the major contributors. Manufacturing expanded by 9.2%, while financial, real-estate and professional services grew strongly. Gross Value Added increased 8.2%, suggesting that the underlying economy continues to maintain significant momentum.
The numbers could improve confidence among businesses and investors, although crude oil prices, geopolitical tensions and global interest-rate decisions remain important risks for the months ahead.
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