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India's Q1 GDP Grows 7.8%, Maintaining Fastest-Growing Economy Status
The Business Guardian
|August 30, 2025
According to official data, the economy grew 8.7 per cent and 7.2 percent, respectively, in 2021-22 and 2022-23. Earlier this year, the World Bank said India will need to grow by 7.8 per cent on average over the next 22 years to achieve its aspirations of becoming a developed country by 2047.
India's real GDP has been estimated to grow by 7.8 per cent in the April-June quarter of the financial year 2025-26 over the growth rate of 6.5 per cent in the same quarter of the previous fiscal, official data showed Friday.
The National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MOSPI), has released the Quarterly Estimates of Gross Domestic Product (GDP) for the April-June Quarter of financial year 2025-26.
India's nominal GDP grew at an 8.8 per cent rate during the April-June quarter.
The Agriculture and Allied Sector has observed the Real GVA (gross value addition) growth rate of 3.7 per cent, as compared to the growth rate of 1.5 per cent registered in Q1 of the last financial year.
This story is from the August 30, 2025 edition of The Business Guardian.
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