Q1 GDP growth accelerates to 7.8%

India’s economic growth is estimated at 7.8 per cent in the first quarter of 2026-2027, when compared to 6.9 per cent in the comparable period last year.

Listen to this article

Real GDP or GDP at Constant Prices in Q1 of FY 2026-27 is estimated at Rs 81.36 lakh crore, against Rs 75.46 lakh crore in Q1 of FY 2025-26, The Ministry of Statistics and Programme Implementation (MoSPI) said in a statement.

Nominal GDP or GDP at Current Prices in Q1 of FY 2026-27 is estimated at Rs 88.27 lakh crore, against Rs 80.00 lakh crore in Q1 of FY 2025-26, showing a growth rate of 10.3 per cent.

Real Gross Value Added (GVA) in Q1 of FY 2026-27 is estimated at Rs 73.82 lakh crore, against Rs 68.21 lakh crore in Q1 of FY 2025-26, showing a growth rate of 8.2 per cent. Nominal GVA in Q1 of FY 2026-27 is estimated at Rs 80.53 lakh crore, against Rs 72.24 lakh crore in Q1 of FY 2025-26, showing a growth rate of 11.5 per cent.

Tertiary sector has boosted the performance of the economy by registering growth of 10 per cent at Constant prices, mainly driven by the ‘Financial, Real Estate, IT and Professional Services’ sector which has observed 12.1 per cent growth during the Q1, FY 2026-27.

Secondary sector has registered a growth of 8.6 per cent at Constant prices.

Primary sector has observed 2.9 per cent growth rate at Constant prices mainly contributed by the performance of ‘Agriculture and Allied’ sector which registered 3.6 per cent growth during Q1 of FY 2026-27.

On the Expenditure-side, Gross Fixed Capital Formation (GFCF) recorded Double-digit (11.9 per cent) growth rate at Constant prices during Q1 of FY 2026-27, against the growth of 5.8 per cent in Q1 of FY 2025-26.

Private Final Consumption Expenditure (PFCE) registered a growth of 7.1 per cent at Constant prices during the quarter.

Latest

Zomato bans analogue dairy dishes

With immediate effect, dishes that restaurant partners have declared...

Tata’s 100 MW solar project goes on stream in TN

The project will supply clean power to TP Solar...

Rajnath Singh to review performance of Defence PSUs

During the event, the CMDs of seven DPSUs -...

Apollo Pipes to foray into tiles

The proposed subsidiary(ies) shall be engaged in the manufacturing,...

Newsletter

Don't miss

Zomato bans analogue dairy dishes

With immediate effect, dishes that restaurant partners have declared...

Tata’s 100 MW solar project goes on stream in TN

The project will supply clean power to TP Solar...

Rajnath Singh to review performance of Defence PSUs

During the event, the CMDs of seven DPSUs -...

Apollo Pipes to foray into tiles

The proposed subsidiary(ies) shall be engaged in the manufacturing,...

Vijay announces new industrial projects

The Chief Minister announced that Sipcot will establish a...

Zomato bans analogue dairy dishes

With immediate effect, dishes that restaurant partners have declared as containing analogue dairy have been delisted from the platform, the company said in a...

Tata’s 100 MW solar project goes on stream in TN

The project will supply clean power to TP Solar Limited (40.625 MW), Tata Power's solar manufacturing arm producing high-efficiency solar cells and modules, Tata Electronics...

Rajnath Singh to review performance of Defence PSUs

During the event, the CMDs of seven DPSUs - Hindustan Aeronautics Limited (HAL), Mazagon Dock Shipbuilders Limited (MDL), Bharat Electronics Limited (BEL), Bharat Dynamics...