New Delhi, Nov 28 (NationPress) India's GDP growth has soared to an impressive 8.2 percent in the second quarter (July-September) of the ongoing financial year, a significant increase from 5.6 percent recorded during the same period in FY 2024-25, as per data released by the Ministry of Statistics on Friday.

The secondary and tertiary sectors have contributed to this surge, achieving growth rates of 8.1 percent and 9.2 percent, respectively, pushing the real GDP growth for Q2 FY 2025-26 above 8 percent, according to an official announcement.

The manufacturing sector reported a robust growth of 9.1 percent, while construction showed a 7.2 percent increase in the secondary sector during this quarter.

In the tertiary sector, the financial, real estate, and professional services experienced a remarkable 10.2 percent growth during Q2 of FY 2025-26.

The agriculture and allied sector achieved a 3.5 percent growth, while the electricity, gas, water supply, and other utility services sector grew by 4.4 percent in the second quarter.

Real private final consumption expenditure (PFCE) rose by 7.9 percent in Q2 of FY 2025-26, compared to 6.4 percent growth in the same quarter of the previous year, indicating the rising incomes and employment opportunities in the economy.

This acceleration follows a strong growth rate of 7.8 percent in the first quarter (April-June) of the current financial year.

The real GDP growth rate stands at an impressive 8 percent for the first half (H1) of FY 2025-26, up from 6.1 percent in H1 of FY 2024-25, as per the data.

These figures confirm that India remains the world’s fastest-growing major economy, despite global challenges like US tariff increases.

The IMF anticipates India to be the sole economy expected to maintain a growth rate exceeding 6 percent in 2025-26, as global trade is likely to be disrupted by US tariff issues.

Indicators for October suggest a continued robust expansion in both manufacturing and services due to festive season demand and the positive outcomes of GST reforms, according to the RBI monthly bulletin released on Monday.

Inflation has decreased to a historic low, staying well below the target rate, largely due to falling food prices and GST rate reductions. Financial conditions are favorable, with a significant increase in financial resource flow to the commercial sector compared to last year, the bulletin reported.

High-frequency indicators for October indicate a further increase in manufacturing activity and sustained strong growth in the services sector.

Despite uncertainties in global trade policies and potential domestic impacts, the Indian economy has shown resilience against external shocks, supported by strong services exports, robust remittance inflows, and stable oil prices. Foreign exchange reserves are adequate to mitigate adverse external shocks, and the proportion of external debt relative to GDP remains low and stable, with a small share of short-term debt in the total external debt, according to the RBI bulletin.