India’s GDP Growth Surges to 7.8% in Q1 2026, Exceeding Expectations

India’s economy expanded by 7.8% in the first quarter of 2026, surpassing analysts’ forecasts of 7.2%, according to official data released today by the Ministry of Statistics. This robust growth was driven by strong performance in manufacturing, services, and agriculture sectors. The manufacturing sector grew by 9.1%, while services contributed 7.5%, highlighting a broad-based recovery. Experts say the government’s push on infrastructure development and increased domestic consumption fueled this momentum. The Reserve Bank of India noted that inflation remained stable at 4.5%, supporting sustained economic expansion. This marks India as one of the fastest-growing major economies globally in 2026, Reuters reported.