India’s economy grew by 7.8% in the fourth fiscal quarter (January–March) compared to the same period a year earlier, the country’s statistics office reported. According to revised data, GDP growth in the previous quarter was 8%, not 7.8% as previously announced.
Analysts surveyed by Trading Economics had forecast, on average, a slowdown to 7.2%.
According to final data, the Indian economy grew by 7.7% overall in the past fiscal year. An earlier report had indicated growth of 7.6%.
Earlier on Friday, the Reserve Bank of India lowered its forecast for India’s economic growth in the 2026–2027 fiscal year to 6.6% from the previously expected 6.9%. Growth of 6.6% is expected in the first fiscal quarter, 6.3% in the second, 6.5% in the third, and 6.8% in the fourth.
India’s GDP growth in January-March was nearly 8%
