Prime Minister Narendra Modi welcomed the latest GDP estimates released today, stating that India’s economy registered 8.2% growth in the second quarter (July–September) of 2025–26. He said the performance reflects the impact of the government’s pro-growth policies and the hard work and enterprise of the people of India.
The Prime Minister added that the government will continue to advance reforms and strengthen Ease of Living to ensure that the benefits of development reach every section of society.
In a post on X, PM Modi said, “The 8.2% GDP growth in Q2 of 2025–26 is very encouraging. It reflects the impact of our pro-growth policies and reforms. It also reflects the hard work and enterprise of our people. Our government will continue to advance reforms and strengthen Ease of Living for every citizen.”
Finance Minister Nirmala Sitharaman said the GDP estimates confirm robust economic momentum, adding that India continues to be the world’s fastest-growing major economy. She stated that Real GDP has grown 8% in the first half of FY 2025-26, supported by sustained fiscal consolidation, targeted public investment, and reforms that have enhanced productivity and improved the ease of doing business.
She added that various high-frequency indicators point to continued economic expansion and broad-based consumption growth. The Minister reiterated that the government remains committed to sustaining the growth trajectory and advancing long-term reforms.
Commerce and Industry Minister Piyush Goyal described the latest GDP numbers as an outcome of policy consistency and continuity under the leadership of Prime Minister Modi. In a post on X, he said the performance reflects long-term stability and confidence in the Indian economy.
According to data released by the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation, India’s real GDP grew 8.2% in Q2 of FY 2025-26, compared with 5.6% in the same quarter last year. Nominal GDP grew 8.7% during the quarter.
The Secondary Sector grew 8.1%, supported by Manufacturing (9.1%) and Construction (7.2%), while the Tertiary Sector expanded 9.2%, driven by Financial, Real Estate and Professional Services (10.2%). Agriculture and Allied (3.5%) and Electricity, Gas, Water Supply and Other Utilities (4.4%) reported moderate growth.
Private Final Consumption Expenditure (PFCE) saw 7.9% real growth in Q2, compared to 6.4% during the corresponding period last year.
Data also showed that real GDP grew 8.0% in the first half (April–September) of FY 2025-26, compared with 6.1% in H1 2024-25. In the April–June quarter, India’s real GDP had grown 7.8%, with nominal GDP at 8.8%.
India recorded 6.5% growth in FY 2024-25, following 9.2% in FY 2023-24, and 8.7% and 7.2% in FY 2021-22 and 2022-23 respectively.
The Economic Survey 2024-25 has stated that to realise the vision of Viksit Bharat 2047, India will need to maintain an annual GDP growth rate of around 8% at constant prices for the next decade or two.