Overview
- Official NSO data show real GDP up 8.2% in July–September, with constant-price GDP at Rs 48.63 lakh crore and nominal GDP up 8.7% to Rs 85.25 lakh crore.
- Manufacturing expanded 9.1% and services rose 9.2%, with finance, real estate and business services up 10.2%, while construction grew 7.2%.
- Private final consumption expenditure increased 7.9% year on year, outpacing the 6.4% growth recorded in the same quarter last year.
- Agriculture grew 3.5% and utilities rose 4.4%, underscoring pockets of relative weakness within the overall expansion.
- Growth for H1 FY26 averaged 8.0% versus 6.1% in H1 FY25, and business coverage highlighted that the outcome topped many forecasts and defied tariff-related worries tied to the United States.