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India’s 7.8% GDP Growth Spurs Swadeshi Push

India’s 7.8% GDP Growth Spurs Swadeshi Push
Gujarat leaders hail 7.8 pc GDP growth as PM Modi urges ‘Swadeshi’ push · thehansindia.com

India’s economy grew faster than expected in the first three months of the 2026-27 financial year.

It grew by 7.8 percent compared with the same period a year earlier.

Factories and several service businesses expanded strongly.

People spending money and businesses investing also helped the economy.

Gujarat’s leaders said the growth showed India was strong despite problems around the world.

Prime Minister Narendra Modi praised the result.

He asked people to buy more Indian goods and services.

He also suggested avoiding unnecessary foreign travel and overseas weddings.

He said these choices could help make India more self-reliant.

Key facts

GDP growth
Real GDP grew 7.8% year-on-year in the April-June quarter of 2026-27.
Earlier estimates
The growth exceeded the Reserve Bank of India’s 7% estimate and market expectations of about 7.1%.
Real GVA
Real Gross Value Added increased 8.2% during the quarter.
Nominal GDP
Nominal GDP increased 10.3%.
Manufacturing
Manufacturing grew 9.2% during the quarter.
Growth supports
Private investment increased sharply, while domestic consumption remained an important support.
Policy appeal
Narendra Modi urged citizens to strengthen Swadeshi and rely more on Indian products and services.

Quotes

Bhupendra Patel

Chief Minister of Gujarat

“Amid global uncertainties and supply chain challenges, New India has once again shown the world what it is capable of.”
thehansindia.com
“The vibe? India is in growth mode.”
thehansindia.com

Sources

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