India's economy grows at faster-than-expected pace of 7.8% in December quarter
Growth reflects new GDP calculation methods, strong manufacturing and services, and an 8.7% rise in private consumption, Ministry of Statistics said.
- On February 27, 2026, MoSPI reported India's Q3 FY26 real GDP grew 7.8% year-on-year with real GDP at ₹84.54 lakh crore.
- The government shifted the GDP base year to 2022-23 from 2011-12 and overhauled the framework by incorporating Goods and Services Tax and e-Vahan records, using double deflation.
- Sector data show the manufacturing sector grew 13.3% in Q3 FY26, the tertiary sector expanded 9.5%, and nominal GDP increased 8.9%.
- The second advance estimate pegs FY26 real GDP growth at 7.6% and the Ministry of Statistics and Programme Implementation plans to publish a back series by December 2026.
- The IMF had flagged India's data with a 'C grade', while Indian exporters faced 50% U.S. tariffs before an interim deal cut them to 18%.
39 Articles
39 Articles
India’s Economy Grew 7.8% and the Data Just Got an Overhaul
Key Points — India’s GDP grew 7.8% year-on-year in October–December 2025, beating market expectations of 7.6% and reaffirming its position as the world’s fastest-growing major economy. — The government simultaneously shifted the GDP base year from 2011–12 to 2022–23, upgrading its full-year growth forecast to 7.6% from 7.4% under the revised methodology.
India's Growth May Outpace Current Estimates After Data Overhaul
India's GDP growth dips to 7.8%, consumption still strong
India's economy grew 7.8% in October-December from the same time a year earlier, down from an 8.4% expansion in the previous quarter as growth in government spending and investment slowed, even as private consumption rose strongly.
India’s GDP grows at 7.8% in Q3 FY 2025-26: Top highlights from first data under new series
India’s economy grew at 7.8% in the October–December quarter of 2025-26, compared with 7.4% in the corresponding period a year earlier, according to the revised national accounts series.
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