India’s Q1 GDP Growth Beats Estimates at 7.8% Despite Global Headwinds

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  • GDP Growth Rate: India’s real Gross Domestic Product (GDP) grew by 7.8% in the first quarter (April–June) of the financial year 2026–27, outperforming most economists’ expectations of around 7.1%.
  • Sector-wise Performance: The tertiary (services) sector grew by 10.0%, heavily driven by financial, real estate, IT, and professional services (12.1%). The secondary sector (manufacturing and construction) registered a strong growth of 8.6%.
  • Nominal GDP: Nominal GDP at current prices grew by 10.3%, reaching approximately ₹88.27 lakh crore compared to ₹80.00 lakh crore in the corresponding quarter of the previous year.
  • Resilience: Despite global uncertainties, geopolitical tensions, and external economic pressures, strong domestic demand and government capital expenditure helped the Indian economy maintain its growth momentum.

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