India Ratings & Research (Ind-Ra) on Wednesday projected India’s GDP to grow at 7.2 per cent in the second quarter of the current fiscal, with private consumption being the leading growth driver.
The Indian economy had expanded 5.6 per cent in the Q2 (July-September) of 2024-25 fiscal.
India’s real Gross Domestic Product (GDP) is estimated to have grown at the fastest pace in five quarters at 7.8 per cent in the April to June period of the current fiscal.
The National Statistics Office (NSO) is slated to release the official data on FY26 Q2 GDP growth estimates on November 28.
In a statement, Ind-Ra said it expects GDP growth to remain robust at 7.2 per cent year-on-year in the second quarter of FY26.
“From the demand side, private consumption is a leading growth driver due to steady real income growth both in upper- and lower-income households.
The resilient services sector along with the favourable base-led goods exports growth in the manufacturing sector propelled GDP growth .​India Ratings & Research (Ind-Ra) on Wednesday projected India’s GDP to grow at 7.2 per cent in the second quarter of the current fiscal, with private consumption being the leading growth driver.
The Indian economy had expanded 5.6 per cent in the Q2 (July-September) of 2024-25 fiscal.
India’s real Gross Domestic Product (GDP) is estimated to have grown at the fastest pace in five quarters at 7.8 per cent in the April to June period of the current fiscal.
The National Statistics Office (NSO) is slated to release the official data on FY26 Q2 GDP growth estimates on November 28.
In a statement, Ind-Ra said it expects GDP growth to remain robust at 7.2 per cent year-on-year in the second quarter of FY26.
“From the demand side, private consumption is a leading growth driver due to steady real income growth both in upper- and lower-income households.
The resilient services sector along with the favourable base-led goods exports growth in the manufacturing sector propelled GDP growth . ​Latest News [ SOBAN NEWS: International and National ]
