India's GDP up 7.8 pct in Q3 under new series-Xinhua

India's GDP up 7.8 pct in Q3 under new series

Source: Xinhua

Editor: huaxia

2026-02-27 21:27:45

NEW DELHI, Feb. 27 (Xinhua) -- India's economy grew 7.8 percent in the October-December (Q3) period, government data released on Friday showed.

The previous quarter saw the economy grow 8.4 percent.

"Real GDP or GDP at Constant Prices in Q3 of FY 2025-26 is showing a growth rate of 7.8 percent," the Ministry of Statistics and Programme Implementation said.

The GDP data released Friday is based on the new GDP series, which shifts the base year to 2022-23 from 2011-12.

As per the government data, the manufacturing sector has been the major driver in contributing to the resilient performance of the economy after rebasing.

"This sector has attained double-digit growth rates in FY 2023-24 and FY 2025-26," the data revealed.

The government said secondary and tertiary sectors have boosted the performance of the economy by registering above a 9-percent growth rate in FY 2025-26.