India’s GDP grows 8.2% in Q2 FY 2025-26, driven by strong Secondary and Tertiary sector performance, private consumption, and pro-growth reforms under PM Modi.
India’s economy grew at an impressive 8.2 per cent in the July–September quarter of 2025-26, official data from the National Statistics Office (NSO) showed Friday, up from 5.6 per cent in the same quarter of the previous fiscal. Nominal GDP rose 8.7 per cent over the same period.
This growth reflects broad-based expansion across key sectors, with the Secondary Sector posting 8.1 per cent growth and the Tertiary Sector rising 9.2 per cent. Within the Secondary Sector, Manufacturing (9.1%) and Construction (7.2%) drove growth, while Financial, Real Estate & Professional Services (10.2%) sustained robust momentum in the Tertiary Sector. Agriculture and Allied activities (3.5%) and Utilities (4.4%) moderated growth, reflecting sector-specific constraints.
Private Final Consumption Expenditure grew 7.9 per cent in Q2, up from 6.4 per cent a year earlier. For the first half of FY 2025-26, real GDP registered 8.0 per cent growth, compared to 6.1 per cent in H1 of FY 2024-25, highlighting sustained economic momentum.
Prime Minister Narendra Modi described the Q2 GDP growth as “very encouraging”, crediting pro-growth policies, reforms, and the enterprise of India’s people. “Our government will continue to advance reforms and strengthen Ease of Living for every citizen,” he added. Finance Minister Nirmala Sitharaman hailed India as the world’s fastest-growing major economy, emphasising that growth was driven by fiscal consolidation, targeted public investment, and business-friendly reforms.
Commerce and Industry Minister Piyush Goyal attributed the performance to “policy consistency and continuity” under Prime Minister Modi’s leadership, while External Affairs Minister S. Jaishankar welcomed the figures as a strong endorsement of India’s reform-driven development path. Jaishankar noted that the growth trajectory fuels enterprise, boosts national confidence, and supports innovation, investment, and inclusive development.
India’s rise is particularly remarkable over the last decade. From being ranked 11th in 2013-14, it is now the fourth-largest economy, surpassing several nations in size. After being listed in the “Fragile Five” in 2013, India has emerged as one of the fastest-growing major economies, maintaining a real GDP growth rate above 8 per cent in H1 FY 2025-26, putting the country on track toward its vision of becoming a developed nation by 2047.
