India GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

7.8

Units In

7.4

Frequency

Quarterly

Next Release

Nov 28, 2025

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
20.1 Jun 2021	-24.4 Jun 2020	5.93 %	1951-2025	Ministry of Statistics and Programme Implementation (MOSPI)

The most important and the fastest growing sector of Indian economy are services. Trade, hotels, transport and communication; financing, insurance, real estate and business services and community, social and personal services account for more than 60 percent of GDP. Agriculture, forestry and fishing constitute around 12 percent of the output, but employs more than 50 percent of the labor force. Manufacturing accounts for 15 percent of GDP, construction for another 8 percent and mining, quarrying, electricity, gas and water supply for the remaining 5 percent.

Latest Updates

The Indian gross domestic product expanded by 8.2% from the previous year in the September quarter of 2025, well above the market consensus of a 7.3% expansion to pick up from the 7.8% growth rate from the earlier period. It was the sharpest annual growth rate since the March quarter of 2024, reflecting the resilience of the Indian economy to the 50% tariffs from the United States that were passed in August, aided by an increase in government spending and GST tax cuts to support consumer confidence and private investment. Consequently, consumer spending growth accelerated to 7.9% from 7% in the earlier period, accounting for 57% of all GDP output. On the value added front, manufacturing expanded by 9.1% in the period, financial, real estate & professional services surged 10.2%, and construction output rose by 7.2%. Real growth was also supported by a softer deflator, as retail inflation approached record lows and wholesale prices deflated.