India’s Q1 FY27 GDP Growth at 7.8%: SBI Research
Why in the news
An SBI Research report described strong momentum in India’s first-quarter growth for FY27, led by industry and services.
Key facts
- GDP growth in Q1 FY27: 7.8% (SBI Research report).
- Real GVA growth: 8.2% for the quarter.
- Manufacturing growth: 9.2%.
- Services growth: roughly 10%.
| Indicator | Q1 FY27 figure |
|---|---|
| Real GDP growth | 7.8% |
| Real GVA growth | 8.2% |
| Manufacturing | 9.2% |
| Services | About 10% |
Drivers
- Strong domestic demand.
- Government capital expenditure.
Exam angle
- Report by: SBI Research; period: first quarter of FY27.
- Note that GVA growth (8.2%) is higher than GDP growth (7.8%).
- Fastest-growing segment mentioned: services at about 10%.