New Delhi: India’s economy expanded by 7.7 percent in real terms during the financial year 2025-26, according to provisional estimates released by the Ministry of Statistics and Programme Implementation on Friday. The data also revealed that economic growth accelerated to 7.8 percent in the final January to March quarter, solidifying India’s position as the fastest-growing major economy globally despite ongoing international market disruptions and geopolitical tensions.
Union Home Minister and Minister of Cooperation Amit Shah expressed great satisfaction with the performance, attributing the sustained momentum to structural economic policies. In a public statement on the social media platform X, Shri Shah emphasized that the visionary economic reforms initiated by Prime Minister Narendra Modi continue to drive nationwide prosperity. He noted that surpassing all other major economies during a time of widespread global economic strain highlights the resilience and fundamental strength India has developed over the past twelve years, allowing the country to navigate challenges like global pandemics and international conflicts safely.
The latest figures mark a clear acceleration from the 7.1 percent real GDP growth recorded in the previous financial year. According to the government report, real GDP reached 323.12 lakh crore rupees in FY26 compared to 299.89 lakh crore rupees in FY25, while nominal GDP grew by 8.9 percent to reach 346.36 lakh crore rupees.
The expansion was supported by balanced growth across multiple core sectors. Real Gross Value Added, which measures total economic output minus indirect taxes and subsidies, registered an overall increase of 7.9 percent for the year. This broad-based performance was led by double-digit growth in services such as trade, hotels, transport, and communication, alongside strong contributions from manufacturing, infrastructure construction, and a resilient agricultural sector. High-frequency indicators, including an 8.7 percent rise in cement production and a 19.3 percent surge in machinery imports, further underscored robust domestic demand and rising capital expenditure across corporate and public sectors.