India’s real GDP grows 7.7% in 2025-26, Q4 growth estimated at 7.8%

Real GDP reflected through India’s economic activity and business environment
India’s economic environment represented through a realistic editorial visualisation. Representative image (Image Source: Google AI)

India’s real Gross Domestic Product is estimated to have grown by 7.7% in 2025-26, compared with 7.1% in 2024-25, according to provisional estimates released by the Ministry of Statistics and Programme Implementation on Friday, 5 June.

Real GDP, measured at constant 2022-23 prices, is estimated at ₹323.12 lakh crore in 2025-26, against ₹299.89 lakh crore in 2024-25.

Nominal GDP, measured at current prices, is estimated at ₹346.36 lakh crore in 2025-26, compared with ₹318.07 lakh crore in the previous financial year. This reflects a nominal GDP growth rate of 8.9%.

Real Gross Value Added is estimated at ₹294.91 lakh crore in 2025-26, against ₹273.36 lakh crore in 2024-25, showing growth of 7.9%. Nominal GVA is estimated at ₹314.87 lakh crore, compared with ₹288.54 lakh crore in 2024-25, recording growth of 9.1%.

In the fourth quarter of 2025-26, covering January to March, real GDP is estimated at ₹87.77 lakh crore, compared with ₹81.40 lakh crore in the same quarter of 2024-25. This marks growth of 7.8%.

Nominal GDP in Q4 is estimated at ₹94.65 lakh crore, against ₹86.75 lakh crore in Q4 of the previous year, showing growth of 9.1%.

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Real GVA in Q4 is estimated at ₹80.18 lakh crore, compared with ₹74.32 lakh crore in Q4 of 2024-25, recording growth of 7.9%. Nominal GVA in the quarter is estimated at ₹86.46 lakh crore, against ₹78.68 lakh crore, showing growth of 9.9%.

The ministry said secondary and tertiary sectors supported the economy’s performance during the year. The secondary sector registered real GVA growth of 8.8% in 2025-26, while the tertiary sector recorded growth of 9.3%.

The primary sector recorded growth of 3.2% during the year, mainly driven by agriculture.

Among expenditure components, Gross Fixed Capital Formation recorded growth of 8.8% at constant prices in 2025-26. Private Final Consumption Expenditure grew by more than 7.5% during the year.

In Q4, Gross Fixed Capital Formation grew by 10.8%, while Private Final Consumption Expenditure registered growth of 7.1% at constant prices.

The ministry said the provisional estimates were compiled after incorporating information available for the fourth quarter of 2025-26.

The Second Advance Estimates released in February were based on data available up to the third quarter.

The estimates follow the new GDP series with base year 2022-23, released on 27 February 2026.

The ministry said the next quarterly GDP estimates, for Q1 of 2026-27, are scheduled to be released on 31 August 2026.

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