India’s GDP Surges 8.2% in Q2, Fastest Growth in Years

New Delhi (The Uttam Hindu): India’s economic momentum remained strong in the second quarter (July–September) of FY26, recording an impressive GDP growth of 8.2%. This is significantly higher than the 5.6% growth registered during the same quarter of the previous financial year. The data was released by the Ministry of Statistics and Programme Implementation on Friday.

With this, India’s overall growth for the first half of FY26 has reached 8%, compared to 6.1% in the first half of FY25.

According to the ministry, nominal GDP in the July–September period rose by 8.7%.

The government statement highlighted that the robust GDP growth above 8% was primarily driven by strong performance in the secondary and tertiary sectors.

In Q2 of FY26, the secondary sector grew by 8.1%, while the tertiary sector expanded by a strong 9.2%.

Within the secondary sector:

Manufacturing grew by 9.1%

Construction expanded by 7.2%

Within the tertiary sector:

Financial services, real estate, and professional services rose by 10.2%

Government data also showed that the agriculture and allied sectors registered a growth rate of 3.5%, while electricity, gas, water supply, and other utilities grew by 4.4%.

Private consumption remained healthy, with Private Final Consumption Expenditure (PFCE) increasing by 7.9% in Q2 of FY26, compared to 6.4% in the same quarter last year.

However, Government Final Consumption Expenditure (GFCE) fell by 2.7% in the September quarter, whereas it had grown by 4.3% in the corresponding period of the previous year.

The report also stated that exports rose by 5.6% in Q2 of FY26, up from 3% a year earlier.

Meanwhile, imports saw a sharp rise of 12.8%, compared to just 1% growth in the same quarter of the previous financial year.