Archive · 5 Sep 2026
Modi Says 7.8% GDP Growth Shows India’s Economic Strength
India’s economy grew by 7.8% in the first three months of the financial year.
Prime Minister Narendra Modi said this showed that the country’s economy was strong.
He said the growth happened even while there was conflict in West Asia and challenges involving trade.
More people buying cars and greater use of steel and cement were presented as signs of economic activity.
Modi said India was attracting more partnerships with other countries.
He said trade agreements had opened new markets for Indian products and services.
He believes India can become a developed and self-reliant country.
He also said Indian companies and young people could play a larger role around the world.
Prime Minister Narendra Modi said India’s 7.8% first-quarter GDP growth demonstrated economic strength and potential.
Modi said the growth occurred despite the ongoing West Asia conflict and several trade-related barriers.
He cited rising car purchases and steel and cement consumption as signs of stronger consumer and commercial activity.
Modi said India had signed trade agreements and free trade agreements with about 40 countries over the past decade.
He expressed confidence that India could become a developed, self-reliant nation and a global manufacturing, innovation and agriculture-export hub.
- Who
- Prime Minister Narendra Modi and students at Delhi’s Shri Ram College of Commerce.
- What
- Modi discussed India’s 7.8% first-quarter GDP growth and the country’s economic prospects.
- When
- Saturday, with the remarks published on September 5, 2026.
- Where
- Shri Ram College of Commerce in Delhi.
- Why
- Modi said the growth demonstrated India’s economic strength despite the West Asia conflict and trade-related challenges.
Government View
Critics’ View
Meaning of the GDP growth
Government View
Modi said the 7.8% growth showed India’s economic strength and potential, especially given conflict in West Asia and trade-related barriers.
Critics’ View
Modi referred to critics who had previously described India as part of the “fragile five” and said they continued to view economic performance negatively; the article does not provide their detailed response to the latest figures.
- GDP growth
- India recorded 7.8% growth in the first quarter.
- External challenges
- The growth occurred amid the ongoing West Asia conflict and several trade-related barriers.
- Economic indicators cited
- Modi pointed to rising car purchases and increased steel and cement consumption.
- Trade agreements
- India signed trade agreements and free trade agreements with about 40 countries over the last decade.
- Centenary event
- Modi spoke during centenary celebrations at Shri Ram College of Commerce.
- Economic goals
- He said India could become a developed, self-reliant nation and a manufacturing and research-and-innovation hub.