India’s GDP grows 7.8% as full-year expansion beats estimates

India’s government said the economy expanded 7.8% in January-March 2025-26, lifting full-year growth to 7.7% and beating market forecasts. The data point to strong consumption and investment, and they matter because India is one of the world’s fastest-growing major economies even as global uncertainty may slow growth ahead.

  • India’s fiscal year runs from April to March, unlike the calendar year used in many countries.
  • The country is often compared with China for growth, but its economy is more dependent on domestic demand.
  • Strong GDP readings can affect foreign investment expectations and central bank policy debates.
India’s GDP grows 7.8% as full-year expansion beats estimates | Implica