New Delhi [India], January 7: India’s Real GDP is estimated to grow by 7.4% in the financial year 2025-26, up from 6.5% in FY25, according to the first advance estimates released by the National Statistics Office (NSO). Nominal GDP is projected to rise 8% to Rs 357.14 lakh crore, while Real GDP is expected to reach Rs 201.90 lakh crore.
The Real Gross Value Added (GVA) is estimated at Rs 184.50 lakh crore, reflecting a 7.3% growth rate, and nominal GVA is projected at Rs 323.48 lakh crore, up 7.7%. The growth momentum is largely driven by the services sector, with financial, real estate, professional services, public administration, defence, and other services expected to expand by 9.9% at constant prices.
Manufacturing and construction are projected to grow 7.0%, while trade, hotels, transport, communication, and broadcasting services are expected to expand 7.5%. Agriculture and allied sectors are estimated to post a more moderate 3.1% growth.
On the demand side, private final consumption expenditure (PFCE) is projected to rise 7.0%, reflecting steady household spending, and gross fixed capital formation (GFCF), an indicator of investment activity, is expected to grow 7.8%, up from 7.1% in FY25.
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