Archive · 7 Jan 2026
India's GDP Growth Estimated at 7.4% for 2025-26
India's economy is expected to grow by 7.4% in the year 2025-26, which is higher than the 6.5% growth seen in the previous year.
This growth is mainly because the services sector is doing well, with a growth rate of 7.3%.
Manufacturing and construction are also growing at 7%, but agriculture is growing at a slower rate of 3.1%.
The government uses these estimates to plan the budget and decide how much money to spend and borrow.
The estimates were released by the Ministry of Statistics and Programme Implementation and the National Statistics Office.
The growth is notable because it happened even though the US put high tariffs on some Indian goods, including a penalty for buying Russian oil.
The government expects this growth to continue into the next year, with a growth rate of 6.5-7%.
India's GDP growth for 2025-26 is estimated at 7.4%, up from 6.5% in 2024-25.
The services sector is the major driver of growth, with a 7.3% increase in real Gross Value Added (GVA).
Manufacturing and construction are estimated to grow at 7%, while agriculture is expected to grow at 3.1%.
Nominal GDP is estimated to grow at 8% during the fiscal year 2025-26.
The growth is notable as it occurred despite US tariffs on Indian goods, including a 25% penalty for purchasing Russian oil.
- Who
- Indian economy, Ministry of Statistics and Programme Implementation, National Statistics Office
- What
- GDP growth estimates for 2025-26
- When
- 2025-26, with estimates released in January 2026
- Where
- India
- Why
- To project economic growth and inform budget calculations
- GDP Growth Estimate
- 7.4% for 2025-26
- Nominal GDP Growth
- 8% for 2025-26
- Real GDP Level
- Rs 201.9 lakh crore in 2025-26
- Nominal GDP Level
- Rs 357.14 lakh crore in 2025-26
- Services Sector Growth
- 7.3% in 2025-26
- Manufacturing Growth
- 7% in 2025-26
- Agriculture Growth
- 3.1% in 2025-26
- Previous Year GDP Growth
- 6.5% in 2024-25
Sources
PMI: Retreating momentum dents confidence of services, manufacturing firms
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First FY26 GDP Advance Estimates Today; Growth Seen At 7.4% Or Above
Services sector activity eases in Dec amid lesser new biz: PMI
Centre Projects India's GDP Growth In FY26 At 7.4%; What Will Fuel This Surge?
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India's Economy To Grow by 7.4% In FY26, Driven Largely By Service Sector: NSO Data
India’s 'Goldilocks' run to continue for next two years; FY27 growth likely at 6.5-7%: EAC-PM Chair
