GDP growth comes in at 7.8% in Q1, slower than last quarter but quicker than last year
India's GDP grew by 7.8% in the first quarter of FY27, showing resilience despite global economic uncertainties. While the manufacturing and services sectors performed well, agriculture and mining lagged behind.
Why it matters
GDP growth figures are primary indicators of a nation's economic health and influence investor sentiment and government policy decisions.
The growth in India’s Gross Domestic Product (GDP) stood at 7.8% in the April-June 2026 quarter (Q1 FY27), quicker than the 6.9% recorded in Q1 of last year, but slower than the 8.6% of the January-March 2026 quarter.
The article reports official government data and includes commentary from both government officials and independent economists.
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