Q2 GDP: India’s economy grows at six-quarter high of 8.2% on strong manufacturing, services

India’s economy grew 8.2% in the July–September quarter, accelerating from 5.6% a year earlier, boosted by robust performance in manufacturing and services, government data showed on Friday.

The National Statistics Office said real gross domestic product (GDP) rose to ₹48.63 lakh crore in Q2 from ₹44.94 lakh crore a year earlier, while nominal GDP grew 8.7% to ₹85.25 lakh crore.

The growth has beaten several independent economic assessments that placed real GDP growth for Q2 in the range of 7.0–7.5%.

Strong momentum in the secondary and tertiary sectors lifted growth for the second quarter of FY26 to above 8%, according to government data.

Manufacturing output grew 9.1% in Q2, while construction rose 7.2%, helping push overall GVA growth to 8.1% in the quarter.

Services remained the biggest growth engine, with the financial, real estate and professional services segment recording a strong 10.2% increase.

For April–September, real GDP stood at ₹96.52 lakh crore, while real GVA was estimated at ₹89.41 lakh crore, both registering close to 8% growth.

Prime Minister Narendra Modi has pushed tax cuts and labour reforms in recent months to boost domestic manufacturing and investment, while resisting pressure from the United States to sign a trade deal that would require lowering tariffs across sensitive sectors such as agriculture.

International agencies also expect India to retain its position as one of the world’s fastest-growing major economies.

The International Monetary Fund (IMF) has projected India to grow at 6.6% in FY 2025-26, followed by 6.2% the next year.

The release of the All India Index of Industrial Production (IIP) for October has been rescheduled to December 1, 2025.