The Indian real gross domestic product expanded by 7.8% from the previous year in the March quarter of 2026, slowing slightly from the upwardly revised 8% growth from the earlier period, but still well ahead of market expectations of 7.2%.
The data reflected India's momentary resilience to higher energy prices and a week rupee following efforts to source oil outside Russia and the outbreak war in the Middle East. Output was higher for manufacturing (7.3%), trade, hotels, transportation, and communication (12.5%), financial and real estate services (10.4%), and construction (8.4%), offsetting slower growth in mining and quarrying (5.4%) and agriculture and feedstock (3.6%).
For the whole 2026 financial year, the Indian GDP expanded by 7.7%, the most since the rebound from the Covid pandemic recession in FY2022.
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