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India GDP Growth at 7.8% in Q1 FY27: Economy Beats Expectations Despite Global Risks
India GDP Growth in Q1, Indian Economy News: India's economy recorded GDP growth of 7.8% in the first quarter of the financial year 2026-27, better than economists' estimates. Despite tensions in the Middle East and global uncertainty, domestic demand supported the economy.
In times of uncertainty around the world, the Indian economy has again proved its resilience. India's GDP growth in the first quarter of the fiscal year 2026-27, that is from April to June, is 7.8%. Even when the tensions are rising in the Middle East region, there are delays in monsoon and uncertainties over tariffs, domestic demand sustained the momentum of the economy. The data made public by the government on Monday exceeded market expectations about the economy. Earlier economists had predicted that the GDP growth in the first quarter would be at 7.4%.
As per the Ministry of Statistics and Program Implementation, the Real GDP or GDP at constant prices is ₹81.36 lakh crore in the April-June quarter as against ₹75.46 lakh crore in the same quarter of last year. Therefore, the economy grew at 7.8 percent year-on-year.
Nevertheless, the growth rate is lower than that of the previous quarter. In the January-March quarter, the growth rate was 8.6 percent, while it was earlier projected at 7.8 percent. Also, the growth rate in the April-June quarter of the fiscal year 2025-26 was 6.8 percent. While the pace has slowed somewhat, the picture remains strong.
