Indian economy grows 7.8% in Q3FY26 as per new national income series launched today
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Both Q3 and full year estimates are based on the new GDP series with base year of 2022-23 launched today.
Indian economy grows 7.8% in Q3FY26 as per new national income series launched today
India's economy grew by 7.8% in Q3 FY26, surpassing the previous year's 7.4%, according to new GDP data. The full-year growth is projected at 7.6%, up from earlier estimates. The new GDP series with a base year of 2022-23 highlights strong domestic demand, with nominal GDP growth at 8.9% and real GVA growth at 7.8%.
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The GDP growth is pegged at 7.6% against 7.4% estimated in the first advance estimates released on January 7.
Both Q3 and full year estimates are based on the new GDP series with base year of 2022-23 launched today.
The Indian economy witnessed GDP growth of 7.8% in the third quarter of the current financial year, compared with 7.4% in the same quarter of the previous financial year, according to the data released by the government today.
Also, as per the second advanced estimates for the economy for FY26, which was also released today, full-year GDP growth is pegged at 7.6% against 7.4% estimated in the first advance estimates released on January 7. Both Q3 and full year estimates are based on the new GDP series with base year of 2022-23 launched today.
“Real GDP or GDP at Constant Prices in Q3 of FY 2025-26 is estimated at ₹84.54 lakh crore, against ₹78.41 lakh crore in Q3 of FY 2024-25, showing a growth rate of 7.8%,” the ministry of statistics and programme implementation said in a release today.
“Nominal GDP or GDP at Current Prices in Q3 of FY 2025-26 is estimated at ₹90.91 lakh crore, against ₹83.46 lakh crore in Q3 of FY 2024-25, showing a growth rate of 8.9%. Real GVA in Q3 of FY 2025-26 is estimated at ₹77.38 lakh crore, against ₹71.77 lakh crore in Q3 of FY 2024-25, showing a growth rate of 7.8%. Nominal GVA in Q3 of FY 2025- 26 is estimated at ₹82.58 lakh crore, against ₹76.35 lakh crore in Q3 of FY 2024-25, showing a growth rate of 8.2%,” it added.
GDP uptick seen in second advance estimates for FY26
“Real GDP or GDP at Constant Prices is estimated to attain a level of ₹322.58 lakh crore in the FY 2025-26, against the First Revised Estimate (FRE) of GDP for the year 2024-25 of ₹299.89 lakh crore. The growth rate in Real GDP during 2025-26 is estimated at 7.6% as compared to 7.1 % in 2024-25,” it added.
“Nominal GDP or GDP at Current Prices is estimated to attain a level of ₹345.47 lakh crore in the year 2025-26, against ₹318.07 lakh crore in 2024-25, showing a growth rate of 8.6%,” the government release said.
“Real GVA is estimated at ₹294.40 lakh crore in the year 2025-26, against ₹273.36 lakh crore in FY 2024-25, registering a growth rate of 7.7% as compared to 7.3% growth rate in 2024-25. Nominal GVA is estimated to attain a level of ₹313.61 lakh crore during FY 2025-26, against ₹288.54 lakh crore in 2024-25, showing a growth rate of 8.7%,” the ministry release said.
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