Indian economy grows 8.2% in Q2 2025-26

India’s real GDP has been estimated to have grown by 8.2% in the July-September quarter of the current financial year 2025-26 over the growth rate of 5.6% in the same quarter of the previous fiscal, official data showed on Friday (November 28, 2025).

The National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), has released the Quarterly Estimates of Gross Domestic Product (GDP) for the July-September quarter.

India’s nominal GDP grew at an 8.7% rate during the September quarter, data showed..

In the April-June quarter, India’s real GDP grew 7.8%, over the growth rate of 6.5% in the same quarter of the previous fiscal. India’s nominal GDP grew at an 8.8% rate during the said quarter.

The Secondary (8.1%) and Tertiary Sector (9.2%) has boosted the Real GDP growth rate in Q2 of FY 2025-26 to rise above 8.0%.Manufacturing (9.1%) and Construction (7.2%) in the Secondary Sector, has registered above 7.0% growth rate at Constant Prices in this quarter.

Financial, Real Estate & Professional Services (10.2%) in the Tertiary Sector has sustained a substantial growth rate at Constant Prices in Q2 of FY 2025-26.Agriculture and Allied (3.5%) and Electricity, Gas, Water Supply and Other Utility Services Sector (4.4%) has seen moderated Real growth rate during Q2 of FY 2025-26.Real Private Final Consumption Expenditure (PFCE) has reported 7.9% growth rate during Q2 of FY 2025-26 as compared to the 6.4% growth rate in the corresponding period of previous financial year.

Real GDP has registered 8.0% growth rate in H1 (April-September) of FY 2025-26, as compared to the growth rate of 6.1% in H1 of FY 2024-25.In 2024-25, the Indian economy grew by 6.5 per cent in real terms. The Reserve Bank of India had projected 6.5 per cent GDP growth for the fiscal year 2024-25.In 2023-24, India’s GDP grew by an impressive 9.2 per cent, continuing to be the fastest-growing major economy.

According to official data, the economy grew 8.7% and 7.2%, respectively, in 2021-22 and 2022-23.

Earlier this year, the World Bank said India will need to grow by 7.8% on average over the next 22 years to achieve its aspirations of becoming a developed country by 2047. However, the World Bank asserted that getting there would require reforms and their implementation to be as ambitious as the target itself.

To realise the vision of ‘Viksit Bharat’, a developed nation dream by 2047, India will need to achieve a growth rate of around 8% at constant prices, on average, for about a decade or two, the Economic Survey document for 2024-25 tabled on January 31 this year asserted.