India's Real GDP Growth accelerates to 7.7% in FY26, Q4 expansion touches 7.8%

India's economy maintained strong momentum in FY 2025-26, with real Gross Domestic Product (GDP) estimated to grow by 7.7%, according to provisional estimates released by the Ministry of Statistics and Programme Implementation (MoSPI). The growth rate marks an improvement over the revised 7.1% expansion recorded in FY 2024-25.

Real GDP at constant (2022-23) prices is estimated to reach ₹323.12 lakh crore in FY26, compared with ₹299.89 lakh crore in the previous fiscal year. Nominal GDP is projected at ₹346.36 lakh crore, registering an annual growth rate of 8.9%. Real Gross Value Added (GVA), a key measure of economic activity, is estimated to rise by 7.9% during the fiscal year.

The economy also ended the fiscal year on a strong note. Real GDP in the January-March quarter (Q4 FY26) is estimated at ₹87.77 lakh crore, reflecting a growth rate of 7.8% compared with the corresponding quarter of the previous year. Nominal GDP during the quarter expanded by 9.1% to ₹94.65 lakh crore.

Real GVA in the fourth quarter grew by 7.9% year-on-year to ₹80.18 lakh crore, while nominal GVA increased by 9.9% to ₹86.46 lakh crore, indicating broad-based strength across sectors of the economy.

The growth performance was supported by strong gains in agriculture, manufacturing, construction, transport, services and consumption-linked sectors. Key economic indicators such as foodgrain production, steel consumption, commercial vehicle sales, exports and household vehicle registrations recorded healthy growth during the fiscal year, highlighting sustained economic activity across the country.