India's GDP Growth Expected To Cross 8% In Q3 FY26: Report
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The National Statistics Office (NSO) has released advance estimates indicating that India's real Gross Domestic Product (GDP) is projected to grow by 7.4% in the fiscal year 2025-26. This represents a significant improvement from the 6.5% growth recorded in the previous fiscal year. The anticipated growth rate could potentially exceed 8% in the third quarter of FY26, reflecting the resilience of the Indian economy amid global uncertainties. Analysts suggest that factors such as robust domestic demand, improved investment climate, and government initiatives aimed at enhancing infrastructure and manufacturing capabilities are driving this positive outlook. As the country navigates post-pandemic recovery, the projections underscore the ongoing momentum in various sectors including services and manufacturing. This growth forecast is crucial for policymakers and businesses alike as they strategize for the upcoming fiscal challenges and opportunities. The projected growth not only highlights the recovery trajectory but also positions India as one of the fastest-growing major economies in the world, further attracting foreign investment and boosting consumer confidence.
Originally reported by NDTV Profit. Read original article
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