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ଓଡ଼ିଆ | ENGLISH
ଓଡ଼ିଆ | ENGLISH

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Published By : Chinmaya Dehury
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New Delhi, Nov 28: India’s economy surged ahead with a robust 8.2 per cent growth in real GDP during the July–September quarter (Q2) of FY26, significantly higher than the 5.6 per cent expansion recorded in the same period last year, according to data released by the National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI).

The growth momentum remained strong across the secondary and tertiary sectors, lifting overall expansion in the first half (H1) of FY26 to 8.0 per cent, compared with 6.1 per cent in H1 FY25.

Nominal and Real GDP figures

Nominal GDP for Q2 FY26 stood at ₹85.25 lakh crore, up from ₹78.40 lakh crore in Q2 FY25, marking 8.7 per cent growth at current prices. Real GDP for the quarter was estimated at ₹48.63 lakh crore. For the first half of FY26, real GDP reached ₹96.52 lakh crore, growing 8.0 per cent year-on-year, while nominal GDP expanded 8.8 per cent to ₹171.30 lakh crore. Real Gross Value Added (GVA) increased 7.9 per cent, reflecting broad-based improvements across sectors.

In the secondary sector, manufacturing recorded a strong 9.1 per cent growth, while construction grew 7.2 per cent. The services sector also performed well, with financial, real estate & professional services posting 10.2 per cent growth, contributing to a 9.2 per cent overall expansion in the tertiary sector.

By contrast, growth in the agriculture & allied sector remained subdued at 3.5 per cent.

Prime Minister Narendra Modi welcomed the figures, posting on X, "The 8.2% GDP growth in Q2 of 2025-26 is very encouraging. It reflects the impact of our pro-growth policies and reforms. It also reflects the hard work and enterprise of our people. Our government will continue to advance reforms and strengthen Ease of Living for every citizen."

Key Highlights:

  • Real GDP has been estimated to grow by 8.2% in Q2 of FY 2025-26 against the growth rate of 5.6% during Q2 of FY 2024-25.
  • Nominal GDP has witnessed a growth rate of 8.7% in Q2 of FY 2025-26.
  • 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.