#Indian Market# India GDP # GDP# Indian economy
IBNS-CMEDIA: In positive news for India amid the recent tariff imposition by the US, the Indian GDP grew by 7.8 per cent in first quarter of this financial year against an estimate of 6.5 percent, as per government data released on Friday.
The data released showed Nominal GDP has witnessed a growth rate of 8.8% in Q1 of FY 2025-26.
The Agriculture and Allied Sector has observed the Real GVA growth rate of 3.7%, as compared to the growth rate of 1.5% registered in Q1 of last financial year.
Secondary Sectors, prominently Manufacturing (7.7%) and Construction (7.6%) Sector has registered above 7.5% growth rate at Constant Prices in this quarter.
Mining & Quarrying (-3.1%) and Electricity, Gas, Water Supply and Other Utility Services Sector (0.5%) has seen moderated Real growth rate during Q1 of FY 2025-26.
Tertiary Sector (9.3%) has recorded substantial growth rate at Constant Prices in Q1 of FY 2025-26, over the growth rate of 6.8% in Q1 of FY 2024-25.
Government Final Consumption Expenditure (GFCE) has bounced back, registering 9.7% growth rate in Nominal terms during Q1 of FY 2025-26, over the growth rate of 4.0% in Q1 of FY 2024-25.
Real Private Final Consumption Expenditure (PFCE) has reported 7.0% growth rate during Q1 of FY 2025-26 as compared to the 8.3% growth rate in the corresponding period of previous financial year.
Gross Fixed Capital Formation (GFCF) has recorded 7.8% growth rate at Constant Prices, over the growth rate of 6.7% in Q1 of FY 2024-25.
Quarterly Estimates and Growth Rates
Real GDP or GDP at Constant Prices in Q1 of FY 2025-26 is estimated at ₹47.89 lakh crore, against ₹44.42 lakh crore in Q1 of FY 2024-25, registering a growth rate of 7.8%.
Nominal GDP or GDP at Current Prices in Q1 of FY 2025-26 is estimated at ₹86.05 lakh crore, against ₹79.08 lakh crore in Q1 of FY 2024-25, showing a growth rate of 8.8%.
Real GVA in Q1 of FY 2025-26 is estimated at ₹44.64 lakh crore, against ₹41.47 lakh crore in Q1 of FY 2024-25, registering a growth rate of 7.6%.
Nominal GVA in Q1 of FY 2025-26 is estimated at ₹78.25 lakh crore, against ₹71.95 lakh crore in Q1 of FY 2024-25, showing a growth rate of 8.8%.
