India’s Q1 GDP Growth Surges to 7.5% Amid Strong Domestic Demand

India’s economy grew 7.5% in the first quarter of 2026, driven by robust domestic consumption and manufacturing output, according to the Ministry of Statistics and Programme Implementation. This marks an acceleration from the 6.8% growth recorded in Q4 2025. The services sector expanded by 8%, while industrial production rose 6.2%, reflecting broad-based economic strength. Experts attribute the growth to increased government spending and a rebound in export demand. This performance positions India as one of the fastest-growing major economies globally this year, Reuters reported. However, inflation remains a concern, with consumer prices rising 5.4% year-on-year in June. Policymakers are expected to balance growth support with inflation control in upcoming monetary decisions.