Leaders hail India’s 8.2% Q2 GDP growth as global milestone
As India’s economic momentum strengthened further in the September quarter, with official data revealing that the real GDP grew 8.2 per cent in Q2 of FY 2025-26, political leaders on Saturday said the milestone reflects a remarkable achievement. They added that this positions India as a leading performer in the global economy.
The latest GDP growth numbers have sent a wave of optimism across the country, with many leaders taking to social media to congratulate the government and the people of India on this impressive feat. The 8.2 per cent growth in the second quarter is a significant improvement from the 7.5 per cent growth recorded in the first quarter of the current fiscal year.
According to experts, this growth is a testament to the government’s efforts to boost economic growth through various policy initiatives and reforms. The growth is also a reflection of the resilience and adaptability of the Indian economy, which has been able to withstand global headwinds and emerge as a beacon of hope for investors and businesses around the world.
The GDP growth of 8.2 per cent in the second quarter is the highest in the past three years, and it is expected to have a positive impact on the overall economic growth of the country. The government has set a growth target of 7.5 per cent for the current fiscal year, and the latest numbers suggest that this target is well within reach.
The strong growth in the second quarter has been driven by a pick-up in industrial activity, a rebound in private consumption, and a significant increase in government spending. The manufacturing sector has been a major contributor to the growth, with the sector growing at a rate of 10.3 per cent in the second quarter.
The services sector, which accounts for more than 50 per cent of India’s GDP, has also seen a significant increase in growth, with the sector growing at a rate of 9.1 per cent in the second quarter. The growth in the services sector has been driven by a pick-up in financial services, real estate, and professional services.
The agricultural sector has also seen a significant increase in growth, with the sector growing at a rate of 4.6 per cent in the second quarter. The growth in the agricultural sector has been driven by a good monsoon season, which has led to a bumper harvest and a significant increase in agricultural production.
The strong growth in the second quarter has also been driven by a significant increase in exports, which have grown at a rate of 15.6 per cent in the second quarter. The growth in exports has been driven by a pick-up in demand from countries such as the United States, China, and the European Union.
The latest GDP growth numbers have been welcomed by industry leaders, who have said that the growth is a testament to the government’s efforts to boost economic growth through various policy initiatives and reforms. The growth is also expected to have a positive impact on employment, with many industries expected to hire more workers to meet the increasing demand.
However, despite the strong growth, there are still some concerns about the sustainability of the growth. Some experts have warned that the growth may not be sustainable in the long term, and that the government needs to take further steps to boost economic growth and reduce inequality.
The government has said that it is committed to taking further steps to boost economic growth, and that it will continue to work towards creating a favorable business environment and improving the ease of doing business in the country. The government has also said that it will continue to invest in infrastructure, education, and healthcare, which are critical for long-term economic growth.
In conclusion, the 8.2 per cent growth in the second quarter is a significant achievement, and it reflects the resilience and adaptability of the Indian economy. The growth is a testament to the government’s efforts to boost economic growth through various policy initiatives and reforms, and it is expected to have a positive impact on employment and overall economic growth.
As India continues to grow and develop, it is expected to play an increasingly important role in the global economy. The country’s large and growing consumer market, its highly skilled workforce, and its favorable business environment make it an attractive destination for investors and businesses around the world.
The latest GDP growth numbers are a significant milestone for India, and they reflect the country’s potential to become a leading economic power in the years to come. As the country continues to grow and develop, it is expected to have a positive impact on the global economy, and it is likely to play an increasingly important role in shaping the global economic agenda.
About the Author
