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Government data released on 31 August 2026 showed India's real GDP grew 7.8 percent in the April to June quarter of 2026-27, up from 6.9 percent in the same quarter last year and above the Reserve Bank of India's own projection of 7 percent. Real GDP at constant prices was estimated at Rs 81.36 lakh crore, against Rs 75.46 lakh crore a year earlier, while nominal GDP rose 10.3 percent to Rs 88.27 lakh crore. Services grew 10 percent and gross capital formation rose 11.9 percent, with manufacturing up 9.2 percent, even as the economy absorbed the effects of the West Asia crisis. Prime Minister Narendra Modi described the growth as a collective national achievement.