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India's GDP growth jumps to 7.7% in FY26

05 Jun 2026 Evaluate

India's Gross Domestic Product (GDP) growth jumped to 7.7% in the fiscal year 2025-26 (FY26), retaining its position as the world's fastest-growing major economy despite global trade and geopolitical uncertainties. The growth rate in FY25 was 7.1%. Besides, the country’s economic growth came in at 7.8% in Q4FY26 from 7.0% in Q4FY25 and 8.0% Q3FY26. 

As per the data, real GDP or GDP at Constant Prices is estimated to attain a level of Rs 323.12 lakh crore in the FY26, against the First Revised Estimate (FRE) of GDP for the FY25 of Rs 299.89 lakh crore. Nominal GDP or GDP at Current Prices is estimated to attain a level of Rs 346.36 lakh crore in the FY26, against Rs 318.07 lakh crore in FY25, showing a growth rate of 8.9%. 

Real GVA is estimated at Rs 294.91 lakh crore in the FY26, against Rs 273.36 lakh crore in FY25, registering a growth rate of 7.9% as compared to 7.3% growth rate in 2024-25. Nominal GVA is estimated to attain a level of Rs 314.87 lakh crore during FY26, against Rs 288.54 lakh crore in FY25, showing a growth rate of 9.1%.

Sector wise, the agriculture, livestock, forestry and fishing sector recorded a 3.0% growth in FY26, down from 4.2% in the FY25. Manufacturing sector growth rose to 10.7% in the FY26 compared to 9.3% recorded in the year-ago period. Further, Mining & quarrying; electricity, gas, water supply and other utility services sector; and construction recorded growth of 5.2%, 1.7% and 7.4%, respectively, in FY26. Trade, hotel, transport, communication and services sector growth jumped to 11.0% in FY26 over 6.6% in FY25.

Quarterly data showed that real GDP or GDP at Constant Prices in Q4 of FY26 is estimated at Rs 87.77 lakh crore, against Rs 81.40 lakh crore in Q4 of FY25. Nominal GDP or GDP at Current Prices in Q4 of FY26 is estimated at Rs 94.65 lakh crore, against Rs 86.75 lakh crore in Q4 of FY25, showing a growth rate of 9.1%.

Real GVA in Q4 of FY26 is estimated at Rs 80.18 lakh crore, against Rs 74.32 lakh crore in Q4 of FY25, showing a growth rate of 7.9%. Nominal GVA in Q4 of FY26 is estimated at Rs 86.46 lakh crore, against Rs 78.68 lakh crore in Q4 of FY25, showing a growth rate of 9.9%.

Sector wise, the agriculture, livestock, forestry and fishing sector recorded a 3.6% growth in January-March quarter of FY26, down from 3.8% in the January-March quarter of FY25. Manufacturing sector growth fell to 7.3% in the fourth quarter of FY26 compared to 11.8% recorded in the year-ago period. Further, Mining & quarrying; electricity, gas, water supply and other utility services sector; and construction recorded growth of 5.4%, 4.1% and 8.4%, respectively, in Q4 FY26. Trade, hotel, transport, communication and services sector growth surged to 12.2% in Q4FY26 over 6.3% in Q4FY25.

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