India's GDP Grows 7.8% in Q1 2026, Surpassing Expectations

India's economy expanded by 7.8% in the first quarter of 2026, exceeding analysts' forecasts of 7.3%, according to the Ministry of Statistics and Programme Implementation. This growth is driven primarily by robust manufacturing and services sectors, which showed increases of 8.5% and 7.2% respectively. The agricultural sector also contributed with a 3.1% rise. Experts attribute the strong performance to increased domestic consumption and government infrastructure spending. The Reserve Bank of India has maintained a steady monetary policy to support sustainable growth. This marks the fastest quarterly growth rate since 2023, signaling continued resilience in the Indian economy amid global uncertainties, Reuters reported.