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Business
India's GDP Rises 7.8% in Q1 FY27, Driven by Investment and Manufacturing
✍️ Kalkine India
🗓 28 Sep 2026, 03:18 AM
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India's gross domestic product grew 7.8% in the first quarter of fiscal year 2027, according to latest data, with investment and manufacturing sectors leading the expansion.
India's economy expanded at a 7.8% annualised rate in the first quarter of fiscal year 2027, the latest figures show.
The growth was largely propelled by a surge in investment spending and a robust rebound in manufacturing output.
Economists note that the manufacturing uptick reflects increased demand for industrial goods, while higher investment indicates confidence in future growth.
The data, released by the Ministry of Statistics and Programme Implementation, marks a continuation of the upward trajectory seen in the previous quarter.
The growth was largely propelled by a surge in investment spending and a robust rebound in manufacturing output.
Economists note that the manufacturing uptick reflects increased demand for industrial goods, while higher investment indicates confidence in future growth.
The data, released by the Ministry of Statistics and Programme Implementation, marks a continuation of the upward trajectory seen in the previous quarter.