Quick Summary
INDIA'S GDP GROWTH FOR FY26 IS ESTIMATED AT 7.4 PER CENT DRIVEN BY THE DOUBLE ENGINE OF CONSUMPTION AND INVESTMENT REAL GDP GROWTH FOR FY27 IS PROJECTED AT 6.8-7.2 PER CENT PRIVATE FINAL CONSUMPTION EXPENDITURE IN GDP RISES TO 61.5 PER CENT IN FY26 AGRICULTURE AND ALLIED SERVICES ARE ESTIMATED TO GROW BY 3.1 PER CENT IN FY26 INDUSTRIAL SECTOR SHOWING SIGNS OF STRENGTH, WITH MANUFACTURING GROWING BY 8.4 PER CENT IN THE FIRST HALF OF FY26 GROSS VALUE ADDED FOR SERVICES INCREASES BY 9.3 PER CE
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FAQ :
India's GDP growth is estimated at 7.4 per cent for FY26.
The main drivers are consumption and investment, referred to as the 'double engine' of the economy.
Real GDP growth for FY27 is projected to be between 6.8-7.2 per cent.
Agriculture and allied services are estimated to grow by 3.1 per cent in FY26, supported by a favourable monsoon.
The banking sector has strengthened, with gross non-performing asset ratios declining to a multi-decade low of 2.2 per cent.
India's total exports reached a record USD 825.3 billion in FY25 and are expected to maintain momentum, supported by new trade agreements.
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