EconomyMonday, 31 August 2026·The Hindu - National
India’s GDP grows 7.8% in Q1 FY27; manufacturing and services drive expansion
India’s GDP grew 7.8% in April-June 2026, with manufacturing, services and capital formation driving growth while agriculture and mining lagged.
Key highlights
Direct fact
In August 2026, India’s GDP growth for the April-June 2026 quarter (Q1 FY27) was reported at 7.8%, higher than 6.9% in Q1 of the previous year but lower than 8.6% in the January-March 2026 quarter.
Key specifics
- Q1 FY27 GDP growth stood at 7.8%.
- Nominal GDP growth in Q1 FY27 was estimated at 10.3%.
- Real GVA growth in Q1 FY27 came in at 8.2%.
- Manufacturing grew by 9.2%, a three-quarter high.
- Gross Fixed Capital Formation rose to 34.3% of GDP in nominal terms.
Exam lens
Question type: Economy and national accounts, key facts: 7.8% GDP, 10.3% nominal GDP, 8.2% GVA, 34.3% GFCF. TNPSC one-liner: Which quarter of FY27 recorded India’s GDP growth at 7.8%?