New Delhi, Nov 28 (UNI) India’s economy has continued to develop steadily; in the second quarter of FY 2025-26, real Gross Domestic Product (GDP) increased by 8.2 pc, said Rajeev Juneja, President of PHDCCI in a communique issued on Friday.
Juneja said, ” The tertiary sector’s rise was the main driver of this expansion, followed by the secondary sector. For Q2 FY 2026, the manufacturing sector expanded 9.1pc (Y-o-Y), while the tertiary sector had strong growth of 9.2percent. Within the tertiary sector, the financial, the real estate & professional services grew at 10.2percent (Y-o-Y) for the same period.”
This trend points toward policy development, boosted by structural policy reforms by the government.
The continuous rise in Gross Fixed Capital Formation (GFCF), which increased by 7.3percent in Q2 FY 2026, indicates the government’s CAPEX expenditure impetus, giving a positive push to productive capacity.
Private final consumption spending period by 7.9pc during the same period, indicating that strong domestic demand and consumption led the push for economic growth.
The persistent and consistent GDP growth of India reflects significant policy steps undertaken by the government towards Viksit Bharat @2047. Year-over-Year (Y-o-Y) growth is showing a consistent uptrend in GDP at market prices for last consecutive quarters.
It increased from 6.37 per cent in Q3 FY 2024-25 to 8.23 per cent in Q2 FY 2025-26 based on sequential quarter-on-quarter growth. GDP growth after a dip in Q1 FY2025-26 (-6.7 per cent) is moving towards its long-term mean reversion growth rate of 1.7 per cent.
India’s GDP trajectory is also being supported by robust consumption and a planned decrease in MPC rates, along with a softening trend of CPI and WPI inflation.
