India records 7.7% GDP growth in FY26; Q4 growth comes in at 7.8% - Moneycontrol.com

Key points

• The decline in quarter-on-quarter growth in Q4 was due to a sharp decline in manufacturing growth – which fell from 7.3 percent in Q4 from 12.8 percent in Q3. Real GDP expanded by 7.7%, while nominal GDP grew by 8.9%.
• The Indian economy grew 7.7 percent in FY26, up from 7.6 percent projected in the second advance estimates, official data released by statistics ministry showed on June 5. In FY25, the real GDP growth was 7.1%.
• In Q4, the GDP grew 7.8 percent, down from 8 percent in Q3FY26. The decline in quarter-on-quarter growth was due to a sharp decline in manufacturing growth – which fell from 7.3 percent in Q4 from 12.8 percent in Q3. Growth is FY27 is expected to lower by 110 basis points to 6.6 percent – as projected by the Reserve Bank of India (RBI).
• The gross value added (GVA) growth was 7.9 during FY26....