Archive · 31 Aug 2026

India’s GDP Grows 7.8% Despite West Asia Crisis

India’s GDP Grows 7.8% Despite West Asia Crisis

India’s economy grew strongly in the first three months of FY 2026-27.

It grew by 7.8 percent compared with the same period used for comparison.

Manufacturing and services were important reasons for this growth.

Farming also contributed, but less than some other sectors.

The government worked to keep factories and businesses supplied during uncertainty in West Asia.

Oil prices have not risen as sharply as initially feared.

However, diesel and natural gas have become more expensive in some parts of the world.

Higher energy costs could reduce spending and demand in other countries.

This may eventually make it harder for India to increase its exports.

Sources