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

India's economy expanded by 7.8% in the first quarter of 2026, outperforming analysts' forecasts of 7.3%, according to the latest data released today by the Ministry of Statistics. This robust growth was driven by strong manufacturing output and a rebound in consumer spending, Reuters reported. The agriculture sector also contributed with a 4.5% rise in production, supporting rural incomes. Experts say the government's push for infrastructure development and digitalization played a significant role in sustaining momentum. This marks the fastest quarterly growth rate since 2023, signaling resilience amid global economic uncertainties.