The National Statistics Office (NSO), under the Ministry of Statistics and Programme Implementation (MoSPI), has released India’s Quarterly GDP Estimates for the July–September quarter (Q2) of FY 2025-26. This report explains India’s GDP growth, sector performance, consumption trends and half-yearly progress in simple, direct answers.
Key Highlights of India’s GDP Performance (Q2 FY 2025-26)
- Real GDP Growth: 8.2% in Q2 FY 2025-26 vs 5.6% in Q2 FY 2024-25
- Nominal GDP Growth: 8.7% YoY
- Secondary Sector GVA: 8.1%
- Tertiary Sector GVA: 9.2%
- Manufacturing Growth: 9.1%
- Construction Growth: 7.2%
- Financial, Real Estate & Professional Services: 10.2%
- Agriculture & Allied: 3.5%
- Electricity, Gas, Water & Utilities: 4.4%
- PFCE (Consumer Spending): 7.9% growth
- H1 FY 2025-26 Real GDP Growth: 8.0% vs 6.1% in H1 FY 2024-25
What is India’s Real GDP in Q2 FY 2025-26?
Answer: India’s Real GDP (Constant 2011-12 Prices) for Q2 FY 2025-26 is estimated at Rs 48.63 lakh crore, up from Rs 44.94 lakh crore a year earlier. This represents a strong 8.2% real growth rate.
What is India’s Nominal GDP in Q2 FY 2025-26?
Answer: India’s Nominal GDP (Current Prices) stands at Rs 85.25 lakh crore, compared to Rs 78.40 lakh crore in Q2 FY 2024-25, a growth of 8.7%.
| Sector | Growth Rate (%) |
|---|---|
| Agriculture & Allied | 3.5% |
| Manufacturing | 9.1% |
| Construction | 7.2% |
| Secondary Sector Overall | 8.1% |
| Financial, Real Estate & Professional Services | 10.2% |
| Tertiary Sector Overall | 9.2% |
| Electricity, Gas, Water & Utility Services | 4.4% |
What is India’s GVA in Q2 FY 2025-26?
Real GVA: Rs 44.77 lakh crore (8.1% growth)
Nominal GVA: Rs 77.69 lakh crore (8.7% growth)
Half-Yearly GDP Estimates (H1 FY 2025-26)
Real GDP in H1 FY 2025-26: Rs 96.52 lakh crore (8.0% growth)
Nominal GDP in H1 FY 2025-26: Rs 171.30 lakh crore (8.8% growth)
Real GVA in H1 FY 2025-26: Rs 89.41 lakh crore (7.9% growth)
Nominal GVA in H1 FY 2025-26: Rs 155.94 lakh crore (8.8% growth)
What is driving India’s GDP growth?
Answer: The biggest contributors to India’s 8.2% GDP growth are:
- Strong Manufacturing Output (9.1%)
- High Growth in Tertiary Sector (9.2%)
- Robust Financial & Professional Services (10.2%)
- Healthy Consumer Demand — PFCE up 7.9%
FAQ — India GDP Q2 FY 2025-26
1. Why is India’s GDP growth above 8%?
Because manufacturing, services and construction sectors delivered strong year-on-year growth along with steady consumption demand.
2. Is inflation affecting GDP?
Real GDP growth remains strong at 8.2%, indicating economic resilience despite global uncertainties.
3. Which sector grew the fastest?
Financial, Real Estate & Professional Services with a growth rate of 10.2%.
4. Is agriculture slowing down?
Agriculture grew only 3.5%, showing moderate expansion compared to other sectors.
Conclusion
India has delivered a strong economic performance in Q2 FY 2025-26 with 8.2% real GDP growth and broad-based expansion across manufacturing, services, and construction. With robust consumption and rising GVA, India remains on track for sustained high-growth momentum through FY 2025-26.
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