Archive · 19 Nov 2025
India's Q2 GDP Growth Predicted Between 7% and 8%
Experts have different opinions about how fast India's economy grew in the second quarter of this year.
Some say it could be around 7.5% to 8%, while others think it might be less than 7%.
Despite these differences, most agree that India's economic outlook is strong and stable.
Economists predict Q2 GDP growth between sub-7% and 8%
SBI Research estimates real GDP growth at 7.5-8.0% for Q2 FY26
ICRA projects real GDP growth to ease to 7% in Q2 FY26, with industry outpacing services
DBS Group Research projects real GDP growth rate for 2025-26 at 7.2%, Q2 to be sub-7%
RBI projects Q2 GDP growth at 7%, annual GDP growth at 6.8%
- Who
- Economists, SBI Research, ICRA, DBS Group Research, RBI
- What
- Forecasted Q2 GDP growth rates
- When
- For the second quarter of the current fiscal year (2025-26)
- Where
- India
- Why
- To assess the country's economic performance and outlook
Optimistic View
Cautious View
Growth Rate
Optimistic View
Above 7.5% (SBI Research)
Cautious View
Below 7% (DBS Group Research, ICRA)
Growth Drivers
Optimistic View
Strong consumer spending, investment activities (SBI Research)
Cautious View
Industry outpacing services, inventory stocking (ICRA)
- Q1 GDP Growth
- 7.8%
- RBI's Q2 GDP Growth Projection
- 7%
- RBI's Annual GDP Growth Projection
- 6.8%
- SBI Research's FY26 GDP Growth Estimate
- 7.3%-7.5%
- ICRA's Q2 GDP Growth Projection
- 7%
- DBS Group Research's 2025-26 GDP Growth Projection
- 7.2%
Sources
Forecasts of Q2 GDP growth vary from sub-7% to 8%
India Inc’s rural engine sputters in Q2 on farm-income pressure, credit slump; BFSI adds to the drag
Data centres lead India’s digital surge
Q2 GDP LIKELY at 7.5%: SBI Research
RBI likely to cut repo rate by 0.25 pc to 5.25 pc in Dec: Report
RBI Likely To Lower Repo Rate To 5.25% And Shift To Data-Dependent Approach As Inflation Stabilises, Says Morgan Stanley
Q2FY26 GDP: Economy seen to have grown at 7% 7.5%
Editorial. Easing phase
