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Informist, Friday, Nov. 28, 2025

 

--PM Modi: Q2 GDP print of 8.2% is very encouraging

--PM Modi: Q2 GDP print of 8.2% reflects pro-growth policies, reforms 

--PM Modi: Will continue to advance reforms, strengthen ease of living

 

NEW DELHI – India's six-quarter high GDP print of 8.2% in the September quarter "is very encouraging", Prime Minister Narendra Modi said after the data was released Friday. "It reflects the impact of our pro-growth policies and reforms," Modi said in a post on micro-blogging site X, formerly called Twitter. 

 

This was the second consecutive quarter when the economy expanded more than expected, data released by the statistics ministry showed. The Indian economy had grown higher-than-expected in the June quarter as well at 7.8%. GDP growth was 5.6% in the year-ago quarter. 

 

Growth in the September quarter was one percentage point higher than the 7.2% projected by economists in an Informist poll. GDP growth in the quarter was 120 basis points higher than the Reserve Bank of India's forecast of 7.0%. No economist in the Informist poll had projected growth topping 8% in the September quarter.

 

At 9.2%, services sector led the GDP growth in the September quarter, driven by a nine-quarter high growth of 10.2% in 'financial, real estate, and professional services'. Industry growth rose to a five-quarter high of 7.7% in Jul-Sept from 6.3% in Apr-Jun. Agriculture sector growth was 3.5% in the September quarter, the slowest since Apr-Jun 2024. Growth in the gross value added rose to an eight-quarter high of 8.1% in the September quarter.

GDP growth was also supported by the statistical effect of low inflation with nominal GDP growth slowing to a four-quarter low of 8.7% in Jul-Sept from 8.8% in Apr-Jun. The Union Budget for 2025-26 (Apr-Mar), however, had assumed nominal GDP to be at 10.1% this fiscal.  End

 

Reported by Priyasmita Dutta

Edited by Akul Nishant Akhoury

 

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