India GDP Q2 Growth Data Highlights: GDP growth shows strength of Indian economy
India GDP Q2 Growth Data Highlights: GDP growth shows strength of Indian economy
Indian economy grew at a six-quarter high of 8.2 percent in the July-September quarter of the ongoing financial year 2026, as against the 7.8 percent rise in the previous quarter (Q1 FY26). This was helped by robust manufacturing and a buoyant services sector, especially financial, real estate and professional services.
The GDP data beat a recent Moneycontrol poll of economists, which had pegged Q2 growth at 7.3 percent, and was well above the Reserve Bank of India's 7 percent projection for the quarter. "The upside surprise in the Q2 GDP growth print was driven by services, even as the agriculture and industrial sectors largely reported prints along expected lines," said Aditi Nayar, chief economist, ICRA.
"India's Q2 FY26 GDP growth of 8.2% clearly reaffirms the economy’s strong underlying momentum despite global uncertainties. The sharp pickup in manufacturing at 9.1% and the continued resilience in financial and professional services at 10.2% highlight that India’s growth engines are broad-based and structurally improving. What stands out is that private consumption has strengthened to 7.9%, indicating healthier demand conditions. Overall, this print reinforces confidence that India remains firmly on a high-growth trajectory, supported by robust domestic fundamentals and sustained investment activity," said Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP
Key sector to watch out is Manufacturing and infra - Stock on radar -