India’s gross domestic product grew 7.2% year-on-year in the second quarter of FY26, supported by robust household consumption and investment activity. Construction and manufacturing contributed significantly to growth, with GVA expanding 6.8%. The services sector, led by transport and communication, rose 8.1%. Government capital expenditure increased 18% YoY, while private investment grew 9%. The agriculture sector moderated slightly at 2.3%. Economists expect FY26 full-year growth to remain above 7%, positioning India as one of the fastest-growing major economies globally.