India's GDP Growth Surges to 7.8% in Q1 2026, Boosting Economic Outlook

India's economy expanded by 7.8% in the first quarter of 2026, marking a strong recovery and surpassing analysts' expectations, according to the latest data released by the Ministry of Statistics on July 7. The robust growth was driven by increased manufacturing output and a surge in services sector activity. Consumer demand also rose sharply, supported by rising incomes and government stimulus measures. This growth rate positions India as one of the fastest-growing major economies globally this year, Reuters reported. Economists suggest sustained investment in infrastructure and technology could further accelerate growth in the coming quarters.