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 figures, which were released by the National Statistical Office (NSO), have sent a wave of optimism across the country, with many hailing it as a testament to the government’s economic policies and the resilience of the Indian economy. The 8.2 per cent growth in the second quarter is a significant improvement from the 7.7 per cent growth recorded in the first quarter of the current fiscal year.
The impressive growth rate has been driven by a combination of factors, including a strong performance by the manufacturing sector, a rebound in private consumption, and a significant increase in government spending. The growth in the manufacturing sector, which grew by 10.3 per cent in the second quarter, has been particularly impressive, driven by a surge in demand for Indian goods both domestically and internationally.
The services sector, which accounts for a significant proportion of India’s GDP, also performed well, growing by 8.5 per cent in the second quarter. The sector, which includes industries such as finance, real estate, and tourism, has been a key driver of India’s economic growth in recent years, and its strong performance is expected to continue in the coming quarters.
The strong GDP growth figures have been welcomed by political leaders across the country, who have hailed it as a significant achievement. “The 8.2 per cent growth in the second quarter is a remarkable achievement and reflects the government’s commitment to economic growth and development,” said a senior government official. “The growth figures are a testament to the strength and resilience of the Indian economy and demonstrate our ability to navigate global economic challenges.”
The opposition parties have also welcomed the GDP growth figures, although they have cautioned that the government needs to do more to ensure that the benefits of growth are shared equitably across the country. “The 8.2 per cent growth in the second quarter is a positive development, but the government needs to do more to address the issues of inequality and poverty,” said a spokesperson for the opposition party. “The growth figures are a reflection of the government’s economic policies, but they also highlight the need for more inclusive and sustainable growth.”
The strong GDP growth figures have also been welcomed by industry leaders, who have hailed it as a significant boost to business confidence. “The 8.2 per cent growth in the second quarter is a significant achievement and reflects the strength and resilience of the Indian economy,” said a senior industry official. “The growth figures are a testament to the government’s economic policies and demonstrate our ability to navigate global economic challenges.”
The GDP growth figures have also been welcomed by foreign investors, who have been keenly watching the Indian economy for signs of growth and stability. “The 8.2 per cent growth in the second quarter is a significant achievement and reflects the government’s commitment to economic growth and development,” said a foreign investor. “The growth figures are a testament to the strength and resilience of the Indian economy and demonstrate our ability to navigate global economic challenges.”
The strong GDP growth figures have significant implications for India’s economic prospects, both in the short and long term. In the short term, the growth figures are expected to boost business confidence and lead to an increase in investment and consumption. In the long term, the growth figures demonstrate India’s potential to become a leading economic power and a significant player in the global economy.
However, despite the strong GDP growth figures, there are still challenges that need to be addressed. The Indian economy faces significant challenges, including a large fiscal deficit, a high current account deficit, and a fragile banking system. The government needs to take steps to address these challenges and ensure that the economy is on a sustainable growth path.
In conclusion, the 8.2 per cent growth in the second quarter is a significant achievement and reflects the strength and resilience of the Indian economy. The growth figures are a testament to the government’s economic policies and demonstrate our ability to navigate global economic challenges. However, despite the strong growth figures, there are still challenges that need to be addressed, and the government needs to take steps to ensure that the economy is on a sustainable growth path.
The strong GDP growth figures have sent a wave of optimism across the country, and India is poised to become a leading economic power in the coming years. With its large and growing market, India offers significant opportunities for businesses and investors, and the country is expected to play a significant role in the global economy in the coming years.
As the Indian economy continues to grow and develop, it is expected to face significant challenges, including the need to address issues of inequality and poverty, and to ensure that the benefits of growth are shared equitably across the country. However, with its strong growth figures and its significant economic potential, India is well-placed to navigate these challenges and to become a leading economic power in the coming years.
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