The Investor
31 Aug 2026, 14:12
India’s Economy Grows 7.8% in Q1, Beating Expectations
India’s economy expanded 7.8% year over year in the April–June quarter of fiscal 2026–27, significantly exceeding the 7.1% market forecast. The stronger-than-expected performance was supported by robust investment, manufacturing and domestic consumption. Manufacturing output grew 9.2%, while financial, real estate and professional services expanded 12.1%. Gross value added rose 8.2%, indicating broad underlying economic strength. Private consumption increased 7.1%, while investment climbed 11.9%.
India’s economy expanded 7.8% year over year in the April–June quarter of fiscal 2026–27, significantly exceeding the 7.1% market forecast. The stronger-than-expected performance was supported by robust investment, manufacturing and domestic consumption. Manufacturing output grew 9.2%, while financial, real estate and professional services expanded 12.1%. Gross value added rose 8.2%, indicating broad underlying economic strength. Private consumption increased 7.1%, while investment climbed 11.9%.
