New Delhi, Jan 7 (UNI) Despite geopolitical uncertainty and turbulent global landscape, India’s growth story shows signs of resilience as real Gross Domestic Product (GDP) is estimated to increase to 7.4 per cent (Y-o-Y) in FY 2025-26 as compared to the 6.5 per cent (Y-o-Y) (provisional estimate) in FY 2024-25, said Rajeev Juneja, President of PHDCCI on Wednesday.
“The robust growth of more than 7 per cent real GDP is supported by impetus given by govt. expenditure and industry investment. Government Final Consumption Expenditure (GFCE) is estimated to increase to 5.2 per cent (Y-o-Y) and Gross Fixed Capital Formation (GFCF) to 7.8 per cent in FY 2025-26” Juneja said in a statement.
“Real GVA is estimated to grow at 7.3 per cent (first advance estimates) in FY 2025-26 as compared with 6.4 per cent Provisional Estimates (PE) during FY 2024-25. This higher GVA growth is led by an upswing on a year basis in the tertiary sector (9.1 per cent) and the secondary sector (6.6 per cent) in FY 2025-26 as compared with FY 2024-25,” he added.
Coming to the secondary sector, Juneja noted that manufacturing expanded by 7.5 per cent (estimates) (Y-0-Y) in FY 2025-26 as compared with 4.5 per cent in FY 2024-25.
Financial, real estate, professional services, public administration, defence and other services, all grew at 9.9 per cent (Y-o-Y) for the same period.
This marks an improvement over the 6.5 per cent growth recorded in FY 2024–25, reflecting the economy’s ability to remain resilient amid global uncertainties and geopolitical challenges.
PHDCCI CEO and Secretary General Dr Ranjeet Mehta said the government’s continued focus on strengthening supply chains, advancing structural reforms and accelerating infrastructure creation will further reinforce India’s growth prospects.
He added that a strong macroeconomic framework and rising private investment are expected to sustain development momentum and place the economy on a path of durable and resilient growth in the years ahead.
