India’s GDP Growth Projection: Government Estimates 7.6% Increase for 2025-26 After Base Year Revision

India’s GDP is projected at 7.6% for FY26. According to data released on Friday by the Ministry of Statistics and Programme Implementation (MoSPI), India’s real GDP is projected to increase by 7.6% during the current fiscal year, 2025-26.

The government forecasts that the nominal GDP, which accounts for inflation, will increase by 8.6% throughout the year. The robust real growth seen in the second quarter (8.4 percent) and third quarter (7.8 percent) of 2025-26 bolsters the overall economic performance. Data revealed that the economy expanded by 7.8% in real terms during the October-December quarter.

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To enhance the data’s representativeness and granularity, the new data series, which was released by Statistics Secretary Saurabh Garg and Chief Economic Advisor (CEA) V. Anantha Nageswaran, includes a number of improvements, such as an updated base year of 2022-23 from the prior 2011-12, as well as numerous new datasets, according to the reports.

In terms of overall size, India has climbed in the global economic rankings over the last ten years. The nation was ranked 11th in the world in 2013-14 and is now the fourth-largest economy. Nevertheless, increasing per capita income remains a top priority.