India’s economy has maintained strong momentum in 2025-26 with real Gross Domestic Product (GDP) estimated to grow by 7.7 per cent as compared to 7.1 per cent in 2024-25. The Ministry of Statistics and Programme Implementation today released the Provisional Estimates of Annual GDP for the Financial Year 2025-26 and quarterly estimates of January to March this year. The real GDP is estimated to attain a level of over 323 lakh crore rupees in 2025-26, against the first revised estimate of GDP for 2024-25 of over 299 lakh crore rupees. The Primary sector has observed 3.2 per cent growth rate mainly driven by the performance of Agriculture and Fishery sectors. The data shows that manufacturing, trade, Hotels, Transport, Communication and Services related to Broadcasting and Real Estate sectors have attained double-digit growth in the last financial year.
In the fourth quarter of 2025-26, the real GDP has been estimated to grow by 7.8 per cent. The Real GDP in fourth quarter of last fiscal is estimated at 87.77 lakh crore rupees, against 81.40 lakh crore rupess in fourth quarter 2024-25. Secondary and Tertiary sector have been the major driver for the Real and nominal gross value added growth.
Addressing a press conference in New Delhi today, Secretary, MOSPI, Saurabh Garg said, Gross Fixed Capital Formation, an indicator of investment activity in the economy, recorded robust growth of 8.2 per cent in 2025-26 compared to 6.4 per cent in the previous financial year. He said, the figures reflect strong investment momentum and continued emphasis on capital expenditure by the government. Mr Garg also highlighted that private consumption remained resilient during the year, supported by strong passenger vehicle registrations and sustained consumer confidence. He added that the agriculture sector registered healthy growth driven by improved performance in crops, oilseeds and sugarcane production.
Speaking on the occasion, Chief Economic Adviser, Dr. V. Anantha Nageswaran said, the government has taken several proactive measures to maintain macroeconomic stability amid global uncertainties. He said, steps have been taken to ensure adequate availability of fertilizers for the ongoing Kharif season, support MSME exporters and strengthen supply chains. Dr Nageswaran added that despite geopolitical challenges and external uncertainties, high-frequency indicators continue to reflect resilience in domestic demand and economic activity.
