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 impressive growth rate of 8.2% is a testament to the country’s resilience and ability to navigate through challenging global economic conditions. This achievement is all the more significant, given the current global economic landscape, which is marked by sluggish growth, trade tensions, and geopolitical uncertainties.
The Indian economy has been on a growth trajectory, with the government implementing several key reforms and initiatives to boost economic activity. The results are now beginning to show, with the economy registering a growth rate of 8.2% in the second quarter of the current fiscal year.
Political leaders from across the spectrum hailed the achievement, terming it a “remarkable milestone” that reflects the country’s emergence as a major economic power. They attributed the growth to the government’s policies and initiatives, which have helped to create a favorable business environment and encouraged investment.
The 8.2% growth rate is also a reflection of the country’s strong fundamentals, including a large and growing consumer market, a skilled workforce, and a favorable demographic profile. India’s economy is expected to continue on its growth trajectory, driven by factors such as urbanization, digitalization, and infrastructure development.
The growth in the second quarter was broad-based, with all sectors of the economy contributing to the expansion. The manufacturing sector, which has been a key driver of growth, registered a significant increase, while the services sector, which accounts for a large share of the economy, also grew at a healthy pace.
The agricultural sector, which has been facing challenges in recent years, also showed signs of recovery, with growth picking up in the second quarter. This is a positive development, given the importance of agriculture to the Indian economy and the livelihoods of millions of people.
The 8.2% growth rate has also been hailed as a global milestone, with India emerging as one of the fastest-growing major economies in the world. This achievement is all the more significant, given the current global economic landscape, which is marked by sluggish growth and uncertainty.
The Indian government has set an ambitious target of becoming a $5 trillion economy by 2025, and the 8.2% growth rate is a significant step towards achieving this goal. The government has also announced several initiatives to boost economic growth, including investments in infrastructure, reforms to improve the business environment, and measures to encourage investment.
The growth in the second quarter has also been driven by a pickup in investment activity, with both public and private sector investment registering an increase. This is a positive development, given the importance of investment to driving economic growth and creating jobs.
The 8.2% growth rate has also been hailed as a reflection of the country’s strong macroeconomic fundamentals, including a low fiscal deficit, a stable current account deficit, and a comfortable level of foreign exchange reserves. This has helped to boost investor confidence and attract foreign investment into the country.
In conclusion, the 8.2% growth rate in the second quarter is a significant achievement, reflecting the country’s emergence as a major economic power. The growth is broad-based, with all sectors of the economy contributing to the expansion. The Indian government’s policies and initiatives have helped to create a favorable business environment and encouraged investment, driving economic growth and creating jobs.
As the country continues on its growth trajectory, it is expected to play an increasingly important role in the global economy. The 8.2% growth rate is a global milestone, reflecting India’s emergence as a leading performer in the global economy.
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