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India’s GDP Growth Accelerates to 7.8% in Q3 FY26, Says Govt Data
Summary
India’s economy expanded by 7.8% in the third quarter of fiscal year 2026, according to data released by the Ministry of Statistics on February 19. This growth surpasses analysts’
India’s economy expanded by 7.8% in the third quarter of fiscal year 2026, according to data released by the Ministry of Statistics on February 19. This growth surpasses analysts’ expectations of 7.2%, driven by strong manufacturing and services sectors. The government attributed the surge to increased domestic consumption and robust export performance, with exports rising 12% year-on-year. Inflation remained controlled at 4.5%, supporting consumer spending. Reuters reported that this marks India’s fastest quarterly growth in over two years, reinforcing its position as one of the world’s fastest-growing major economies. The government plans to sustain momentum through infrastructure investments and policy reforms.
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