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India’s 7.8% Growth Pitches Deeper US Technology and Investment Ties
India’s economy grew by 7.8% during the first three months of its 2026–27 financial year.
Ambassador Vinay Kwatra said this keeps India the fastest-growing large economy.
He spoke about the growth at the Nasdaq stock exchange in New York.
He said businesses, digital tools, strong demand and young workers are helping India change.
Kwatra also said India wants closer economic ties with the United States.
These ties could involve technology, investment, digital infrastructure and skilled workers.
He rang Nasdaq’s opening bell to celebrate the relationship.
He connected the ceremony to India’s goal of becoming ‘Viksit Bharat 2047’.
India recorded 7.8% real GDP growth in the April–June quarter of fiscal year 2026–27.
Ambassador Vinay Kwatra said India remains the world’s fastest-growing large economy.
Kwatra attributed India’s transformation to entrepreneurship, digital capabilities, domestic demand and a young, skilled workforce.
He rang Nasdaq’s opening bell in New York to highlight the growing India–US partnership.
Kwatra called for stronger engagement with American companies, investors and institutions in technology, infrastructure, capital and skilled professionals.
- Who
- Indian Ambassador to the United States Vinay Kwatra, accompanied by Acting Consul General Vishal Harsh and other Indian officials.
- What
- Kwatra rang the Nasdaq opening bell and highlighted India’s 7.8% GDP growth and prospects for stronger US economic and technology ties.
- Where
- The Nasdaq stock exchange in Times Square, New York.
- When
- Wednesday, September 2, 2026; the growth figure covers the April–June quarter of fiscal year 2026–27.
- Why
- To highlight India’s economic and technological transformation and encourage deeper engagement with American companies, investors and institutions.
Key facts
- GDP growth
- 7.8% in the April–June quarter of fiscal year 2026–27
- Economic status
- Kwatra described India as the world’s fastest-growing large economy.
- Ceremony
- Vinay Kwatra rang Nasdaq’s opening bell on behalf of India’s government and people.
- Partnership focus
- Technology, technology-linked capital, digital infrastructure, investment and skilled professionals
- Long-term goal
- India’s ‘Viksit Bharat 2047’ objective
- US officials’ context
- Finance Minister Nirmala Sitharaman was in the United States for a G20 finance ministers’ meeting.
Quotes
Vinay Kwatra
India’s ambassador to the United States
“In that, one of the greatest pillar of our current and the emerging partnership is the partnership with the companies in the community of the technology leadership companies in Nasdaq for technology, technology-linked capital, technology infrastructure, and of course, mobility of skilled professional.”
firstpost.com
NDTV
“India is undergoing a significant economic and technological transformation, driven by strong entrepreneurial ecosystem, expanding digital capabilities and a young and talented workforce.”
theprint.in
NDTV
Sources
India’s 7.8% growth puts US investment and tech ties in focus, says Vinay Kwatra
India retains status as fastest-growing large economy with latest GDP growth of 7.8%: Kwatra
India's 7.8% Growth Keeps It Fastest-Growing Major Economy: Envoy
'Fastest growing economy': Envoy Vinay Kwatra pitches Viksit Bharat ambition to Wall Street investors
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