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India’s economy grows faster-than-expected at 7.8% in the June quarter

Mumbai silhouette on July 6, 2025.
Punit Paranjpe | AFP | Getty Images
Due to the strong performance of the Indian economy, production, construction sector and service sectors, the faster expected 7.8% in the quarter ended in June.
Gross domestic product pressure for the first quarter of the 2026 financial year was higher than the growth estimation of 6.7% of economists in the Reuters survey.
The Indian economy grew by 7.4% in the previous quarter.
The World Bank and the International Monetary Fund project will grow by 6.3% and 6.4% for the 2026 fiscal year, respectively.
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