Prime Minister Narendra Modi on Friday said India’s growth momentum remains strong. Reacting to the Q4FY26 GDP growth of 7.8% and FY26 GDP growth of 7.7%, PM Modi said the government will leave no stone unturned to further ease of doing business.

“India’s growth momentum remains strong! GDP growth rate of 7.7% in FY 2025-26 and 7.8% in Q4 of FY 2025-26 reflect the inherent strength of our economy, the success of reforms and the hard work of 140 crore Indians,” PM Modi said in a post on X.  

“We shall leave no stone unturned to further ‘Ease of Living,’ ‘Ease of Doing Business’ and increase opportunities for our youth,” PM Modi added.

India's economy expanded 7.7% in FY26, accelerating from 7.1% in the previous fiscal year and slightly exceeding the 7.6% growth projected in the Second Advance Estimates, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday.  

“Real GDP or GDP at constant prices is estimated to attain a level of ₹323.12 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 7.7% as compared to 7.1 % in 2024-25. Nominal GDP or GDP at Current Prices is estimated to attain a level of ₹346.36 lakh crore in the year 2025-26, against ₹318.07 lakh crore in 2024-25, showing a growth rate of 8.9%,” the ministry of statistics and programme implementation said.

“The National Statistical Office (NSO) has estimated India’s gross domestic product (GDP) growth for fiscal 2026 at 7.7%, slightly higher than the second advance estimate of 7.6% released in February,” said Dharmakirti Joshi, Chief Economist, Crisil Ltd.

“The upward revision reflects a higher-than-expected growth in the fourth quarter, which printed at 7.8%—down from 8.0% in the third quarter but above the average growth of 7.4% in the previous 10 quarters—driven by healthy private consumption and fixed investments. Notably, the growth was despite headwinds from the West Asia conflict that began towards the end of February and intensified in March,” Joshi added. 

“Real GVA is estimated at ₹294.91 lakh crore in the year 2025-26, against ₹273.36 lakh crore in FY 2024-25, registering a growth rate of 7.9% as compared to 7.3% growth rate in 2024-25. Nominal GVA is estimated to attain a level of ₹314.87 lakh crore during FY 2025-26, against ₹288.54 lakh crore in 2024-25, showing a growth rate of 9.1%,” the ministry said.