Modi cites 7.7% GDP growth as he opens Daman projects

Prime Minister Narendra Modi on Friday highlighted India's strong economic performance after official data showed the economy grew at 7.7 percent for the 2025-26 financial year. The announcement came as the Prime Minister inaugurated development projects in Daman.

Speaking at an event where he launched projects worth Rs 2,970 crore, Modi said the latest growth figures demonstrate the inherent strength of the Indian economy. Official data released by the Ministry of Statistics and Programme Implementation showed the economy expanded by 7.8 percent in the January-March quarter, contributing to the annual growth rate of 7.7 percent.

The Prime Minister stated that this performance reflects the success of ongoing reforms and the hard work of the country's citizens. He noted that India remains the fastest-growing major economy in the world, achieving this momentum despite a challenging global environment marked by geopolitical risks and volatile energy markets.

Modi linked the economic resilience to national collective effort, particularly in navigating disruptions such as the conflict in West Asia. He assured the nation that the government would continue to advance rapidly on a path...