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India’s Q3 GDP Growth Hits 7.1%, Boosted by Manufacturing Surge
Summary
India’s economy expanded by 7.1% in the third quarter of fiscal year 2025-26, driven by a strong rebound in manufacturing and services sectors, according to the Ministry of Statist
India’s economy expanded by 7.1% in the third quarter of fiscal year 2025-26, driven by a strong rebound in manufacturing and services sectors, according to the Ministry of Statistics. This growth rate exceeds analysts’ expectations of 6.8%, signaling robust domestic demand and increased exports. Manufacturing output rose 9.3% year-on-year, while services grew 6.5%, reflecting sustained consumer spending and investment. The government’s focus on infrastructure and digital economy initiatives continues to support expansion. Economists from Bloomberg highlight that this growth positions India as one of the fastest-growing major economies globally. However, inflation pressures remain a concern for policymakers as they balance growth with price stability.
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