The Indian gross domestic product expanded by 8.2% from the previous year in the September quarter of 2025, well above the market consensus of a 7.3% expansion to pick up from the 7.8% growth rate from the earlier period. It was the sharpest annual growth rate since the March quarter of 2024, reflecting the resilience of the Indian economy to the 50% tariffs from the United States that were passed in August, aided by an increase in government spending and GST tax cuts to support consumer confidence and private investment. Consequently, consumer spending growth accelerated to 7.9% from 7% in the earlier period, accounting for 57% of all GDP output. On the value added front, manufacturing expanded by 9.1% in the period, financial, real estate & professional services surged 10.2%, and construction output rose by 7.2%. Real growth was also supported by a softer deflator, as retail inflation approached record lows and wholesale prices deflated. source: Ministry of Statistics and Programme Implementation (MOSPI)

The Gross Domestic Product (GDP) in India expanded 8.20 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in India averaged 6.06 percent from 1951 until 2025, reaching an all time high of 22.60 percent in the second quarter of 2021 and a record low of -23.10 percent in the second quarter of 2020. This page provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The Gross Domestic Product (GDP) in India expanded 8.20 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in India is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India GDP Annual Growth Rate is projected to trend around 7.00 percent in 2027 and 6.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-08-29 10:30 AM
GDP Growth Rate YoY
Q2 7.8% 7.4% 6.7% 7.1%
2025-11-28 10:30 AM
GDP Growth Rate YoY
Q3 8.2% 7.8% 7.3% 7.4%
2026-02-27 10:30 AM
GDP Growth Rate YoY
Q4 8.2%


Related Last Previous Unit Reference
Fiscal Year GDP Growth 7.40 6.50 percent Mar 2026
GDP Growth Rate YoY 8.20 7.80 percent Sep 2025
GDP Constant Prices 48633.40 47886.23 INR Billion Sep 2025
GDP from Agriculture 4926.23 5683.74 INR Billion Sep 2025
GDP from Construction 3736.34 3980.32 INR Billion Sep 2025
GDP from Manufacturing 7866.70 7613.94 INR Billion Sep 2025
GDP from Mining 648.78 873.27 INR Billion Sep 2025
GDP from Public Administration 6003.43 5614.13 INR Billion Sep 2025
GDP from Utilities 1075.19 1064.70 INR Billion Sep 2025
GDP Growth Rate 2.00 1.80 percent Sep 2025
Gross Fixed Capital Formation 16717.29 16553.46 INR Billion Sep 2025


India GDP Annual Growth Rate
The most important and the fastest growing sector of Indian economy are services. Trade, hotels, transport and communication; financing, insurance, real estate and business services and community, social and personal services account for more than 60 percent of GDP. Agriculture, forestry and fishing constitute around 12 percent of the output, but employs more than 50 percent of the labor force. Manufacturing accounts for 15 percent of GDP, construction for another 8 percent and mining, quarrying, electricity, gas and water supply for the remaining 5 percent.
Actual Previous Highest Lowest Dates Unit Frequency
8.20 7.80 22.60 -23.10 1951 - 2025 percent Quarterly
NSA, 2011-12 Prices

News Stream
India GDP Growth Strongest in Six Quarters
The Indian gross domestic product expanded by 8.2% from the previous year in the September quarter of 2025, well above the market consensus of a 7.3% expansion to pick up from the 7.8% growth rate from the earlier period. It was the sharpest annual growth rate since the March quarter of 2024, reflecting the resilience of the Indian economy to the 50% tariffs from the United States that were passed in August, aided by an increase in government spending and GST tax cuts to support consumer confidence and private investment. Consequently, consumer spending growth accelerated to 7.9% from 7% in the earlier period, accounting for 57% of all GDP output. On the value added front, manufacturing expanded by 9.1% in the period, financial, real estate & professional services surged 10.2%, and construction output rose by 7.2%. Real growth was also supported by a softer deflator, as retail inflation approached record lows and wholesale prices deflated.
2025-11-28
India GDP Expands More Than Expected
The Indian gross domestic product expanded by 7.8% from the previous year in the three months to June of 2025, accelerating from the 7.4% in the previous period to mark the sharpest growth rate in five quarters and beat market expectations of a 6.6% increase. The result indicated that the Indian economy extended its period of traction following a slowdown in the second half of calendar 2024, supported by stronger consumer spending as inflation slowed and improved households' purchasing power. Private consumption expanded by 7% annually in the period, while government expenditure jumped by 7.4% and gross fixed capital formation expanded by 7.8%. In the meantime, net external demand contributed negatively to the GDP amid tariff threats by the US government, with imports surging by 10.9% annually despite softer fuel prices, while exports expanded a lower 6.3%.
2025-08-29
Indian GDP Rises More Than Expected
The Indian GDP expanded 7.4% from the previous year in the March quarter of 2025, accelerating from the upwardly revised 6.4% growth in the earlier period and sharply above market expectations of a 6.7% rise, marking the sharpest growth rate of the fiscal year. The recovery pointed to traction in Indian economic growth after a period of softening, as lower food and energy prices improved eased benchmark interest rates and spurred investment, while India's low dependence on exports made it robust to global tariff threats. Gross fixed capital formation surged by 9.4% in the period, the most in nearly two years, and private consumption expanded by 6%. In the meantime, the net foreign demand had a positive impact in the GDP growth, with exports rising by 3.9%, while imports slumped by 12.7%. Regarding the full fiscal year of 2025, the Indian GDP expanded by 6.5%, the least in four years.
2025-05-30