Can India’s 8.2% GDP Growth in Q2 Be a Game Changer?
Synopsis
Key Takeaways
- India's GDP grew by 8.2% in Q2 FY 2025-26.
- The country aims to become the third-largest economy by 2030.
- Strong performance across all sectors contributed to this achievement.
- Political leaders emphasize the importance of translating growth into public benefits.
- India's economic ascent is attracting global attention.
New Delhi, Nov 29 (NationPress) As India’s economic trajectory continues to gain momentum, the latest official statistics indicate that the real GDP expanded by 8.2 percent in the second quarter of FY 2025-26. Political leaders reacted positively on Saturday, highlighting this milestone as a significant accomplishment that elevates India’s status as a key player in the global economy.
Union Minister Kiren Rijiju remarked, “India has achieved an extraordinary GDP record that resonates globally. This is a remarkable economic success story for our nation, which not only benefits its citizens but also projects a robust message worldwide, showcasing our exceptionally strong economic performance.
Uttar Pradesh Deputy Chief Minister Brajesh Pathak expressed pride in the recent figures, stating, “India has made a tremendous leap in GDP, facilitated by the exceptional leadership of Prime Minister Modi, whose guidance has ushered in substantial progress across various sectors. From agricultural advancements to space exploration, India is keeping pace with the world. In 2014, we ranked 11th globally in terms of economy; today, we stand 4th, and we are poised to ascend to 3rd soon.”
JD(U) leader Rajiv Ranjan Prasad described the growth as “historic.” He commented, “Despite concerns surrounding global trade and tariff issues, most rating agencies have deemed India’s economy stable. The robust numbers were unexpected. Under Prime Minister Narendra Modi’s leadership, significant reforms and supportive policies have propelled our economy to new heights. At this trajectory, challenges will transform into opportunities, positioning India firmly on the path to becoming the world’s third-largest economy.”
Bihar Minister Ram Kripal Yadav acknowledged the government’s role in sustaining growth, noting, “Since 2014, under PM Narendra Modi’s guidance, development has flourished across all sectors, leading to an even stronger economy. While numerous nations grapple with economic downturns, India continues to thrive, which is a testament to effective governance and visionary leadership.”
Congress spokesperson Surendra Rajput emphasized the need for growth figures to manifest in the lives of citizens, asserting, “Global organizations and many opposition figures have raised doubts about the credibility of India’s data over the past decade. GDP growth must translate into tangible public benefits. If unemployment rates have decreased, the government should provide evidence. If inflation has lessened or production has increased, there must be concrete data. If farmers are receiving a fair Minimum Support Price (MSP), the government should demonstrate proof.”
As the world’s fourth-largest economy, India is confidently charting a course towards becoming the third-largest economy by 2030, with its GDP projected to reach $7.3 trillion, according to official statements.
India’s ongoing economic rise continues to draw global attention, with the current growth phase reflecting the strength of decisive policymaking, structural reforms, and India’s deepening global integration.
According to the latest data, India's real GDP, adjusted for inflation, is estimated to grow by 8.2 percent in Q2 of FY 2025-26, compared to a growth rate of 5.6 percent during Q2 of FY 2024-25.
In Q1 of FY 2025-26, the GDP grew at 7.8 percent, compared to a growth rate of 6.5 percent during Q1 of FY 2024-25. Nominal GDP has recorded a growth rate of 8.7 percent in Q2 of FY 2025-26.
Every sector of the economy is playing a crucial role in the nation’s growth. The primary sector experienced a year-on-year Real GVA growth rate of 3.1 percent in Q2 FY 2025-26. Concurrently, the secondary sector grew by 8.1 percent and the tertiary sector by 9.2 percent, collectively bolstering the Real GDP growth rate in Q2 of FY 2025-26.