New Delhi (India), June 5: India's economy has maintained strong momentum in 2025-26 with real Gross Domestic Product (GDP) estimated to grow by 7.7 per cent as compared to 7.1 per cent in 2024-25.
The Ministry of Statistics and Programme Implementation today released the Provisional Estimates of Annual GDP for the Financial Year 2025-26 and quarterly estimates of January to March this year.
The real GDP is estimated to attain a level of over 323 lakh crore rupees in 2025-26, against the first revised estimate of GDP for 2024-25 of over 299 lakh crore rupees. The Primary sector has observed 3.2 per cent growth rate mainly driven by the performance of Agriculture and Fishery sectors.
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The data shows that manufacturing, trade, Hotels, Transport, Communication and Services related to Broadcasting and Real Estate sectors have attained double-digit growth in the last financial year.
In the fourth quarter of 2025-26, the real GDP has been estimated to grow by 7.8 per cent. The Real GDP in fourth quarter of last fiscal is estimated at 87.77 lakh crore rupees, against 81.40 lakh crore rupess in fourth quarter 2024-25.
Secondary and Tertiary sector have been the major driver for the Real and Nominal Gross Value Added growths.
Observing the data, Dharmakirti Joshi, Chief Economist, Crisil Limited said, "The upward revision reflects a higher-than-expected growth in the fourth quarter, which printed at 7.8%—down from 8.0% in the third quarter but above the average growth of 7.4% in the previous 10 quarters—driven by healthy private consumption and fixed investments."
Joshi further noted that the growth was despite headwinds from the West Asia conflict that began towards the end of February and intensified in March.
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"In fiscal 2027, however, growth is set to weaken amid multiple headwinds, including higher prices of crude and other commodities, softer global growth and forecast of a below-normal monsoon. Global supply chain disruptions are already intensifying cost pressures and reduced input availability is expected to add to the pressure," Joshi added.
Ends.
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