India's Q2 GDP Grows 8.2%, Tops Forecasts

India's economy expanded by 8.2 percent in the second quarter of the 2025-26 fiscal year, surpassing analyst expectations and underscoring robust domestic momentum despite global trade pressures.

The National Statistical Office released the data on November 28, showing real gross domestic product, or GDP at constant prices, reached 48.63 lakh crore rupees for the July-September period, up from 44.94 lakh crore a year earlier. This marked an acceleration from the 5.6 percent growth in the same quarter of the previous fiscal year and followed a 7.8 percent rise in the April-June quarter. Nominal GDP, which includes inflation, grew 8.7 percent to 85.25 lakh crore rupees. Real gross value added, a measure of supply-side activity, increased 8.1 percent to 44.77 lakh crore rupees.

The expansion was propelled by strong performances in manufacturing and services sectors. Manufacturing output rose 9.1 percent, while construction grew 7.2 percent, contributing to an 8.1 percent gain in the overall secondary sector. The tertiary sector, encompassing services, led with a 9.2 percent increase, driven by a 10.2 percent surge in financial, real estate, and professional services. Private final...