India's GDP growth to hit 7.7% in FY26

• India's GDP growth is estimated at 7.7 per cent in FY26
• The rate rises from 7.1 per cent recorded during FY25
• Real GDP is projected to reach Rs 323.12 lakh crore in FY26

India’s gross domestic product (GDP) is estimated to grow at a rate of 7.7 percent in FY26, according to the second advanced estimates of the Ministry of Statistics and Programme Implementation (Mospi).

The growth rate was 7.1 percent during FY25.

In nominal terms, that is not taking inflation into account, the economy is estimated to have grown by 8.9 percent during the last financial year.

In absolute terms, real GDP or GDP at constant prices is estimated to attain a level of Rs 323.12 lakh crore in the FY26, Mospi said in a press release issued by the Press Information Bureau.

“The growth rate in Real GDP during 2025-26 is estimated at 7.7 percent as compared to 7.1 percent in 2024-25. Nominal GDP or GDP at Current Prices is estimated to attain a level of Rs 346.36 lakh crore in the year 2025-26, against Rs 318.07 lakh crore in 2024-25, showing a growth rate of 8.9 percent,” the ministry said.

For the fourth quarter of FY26, the GDP growth rate is estimated to be 7.8 percent in real terms and 9.1 percent in nominal terms.