New Delhi: India’s Real GDP has been estimated to grow by 8.2% in Q2 of FY 2025-26 against the growth rate of 5.6% during Q2 of FY 2024-25, Ministry of Statistics & Programme Implementation said on Friday. The Nominal GDP has witnessed a growth rate of 8.7% in Q2 of FY 2025-26, the government data mentioned.

The government data showed that the Indian economy recorded a six-quarter high growth of 8.2 per cent in the Q2 of 2025-26. The growth is being attributed to the factories producing more products in anticipation of a consumption boost from the GST rate cut.

The Centre of September 22, 2025 reduced GST rates on essential goods. The GST reforms resulted in a surge in sales of FMCG products, such as household items, groceries and cars and two-wheelers. Finance Minister Nirmala Sitharaman had estimated that the GST relief would result in additional savings of approximately Rs 2 lakh crore, which would boost spending.

Manufacturing, which makes up 14 per cent of the country’s Gross Domestic Product, jumped by 9.1 per cent in July-September quarter of FY26, up from 2.2 per cent in the Q2 of the previous financial year.

The government spending declined 2.7 percent year-on-year in the three months to September, after rising 7.4 percent in the previous quarter, the data mentioned.

Real GDP or GDP at Constant Prices in Q2 of FY 2025-26 is estimated at Rs 48.63 lakh crore, against Rs 44.94 lakh crore in Q2 of FY 2024-25, registering a growth rate of 8.2%. Nominal GDP or GDP at Current Prices in Q2 of FY 2025-26 is estimated at Rs 85.25 lakh crore, against Rs 78.40 lakh crore in Q2 of FY 2024-25, showing a growth rate of 8.7%.

India Quarterly GDP and GVA Estimates (Pic: PIB)

The Secondary (8.1%) and Tertiary Sector (9.2%) has boosted the Real GDP growth rate in Q2 of FY 2025-26 to rise above 8.0%.

Manufacturing (9.1%) and Construction (7.2%) in the Secondary Sector, has registered above 7.0% growth rate at Constant Prices in this quarter.

Financial, Real Estate & Professional Services (10.2%) in the Tertiary Sector has sustained a substantial growth rate at Constant Prices in Q2 of FY 2025-26.

Agriculture and Allied (3.5%) and Electricity, Gas, Water Supply and Other Utility Services Sector (4.4%) has seen moderated Real growth rate during Q2 of FY 2025-26.

Real Private Final Consumption Expenditure (PFCE) has reported 7.9% growth rate during Q2 of FY 2025-26 as compared to the 6.4% growth rate in the corresponding period of previous financial year.

Real GDP has registered 8.0% growth rate in H1 (April-September) of FY 2025-26, as compared to the growth rate of 6.1% in H1 of FY 2024-25.

(With PIB inputs)