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 have sent a strong signal to the world about the country’s resilience and potential, and leaders across the political spectrum have hailed the achievement as a testament to the government’s policies and the hard work of the Indian people.
The 8.2 per cent growth in the second quarter is a significant improvement over the 7.8 per cent growth recorded in the first quarter of the current fiscal year. It is also higher than the 7.5 per cent growth forecast by many economists, and reflects the strong momentum in the economy. The growth has been driven by a combination of factors, including a pickup in consumer spending, investment, and exports. The manufacturing sector has been a key driver of growth, with a growth rate of 10.3 per cent, followed by the construction sector, which grew at 9.5 per cent.
The services sector, which accounts for more than 50 per cent of India’s GDP, also recorded a strong growth of 8.1 per cent. The agriculture sector, which has been a concern in recent times due to droughts and other weather-related issues, also showed a respectable growth of 4.6 per cent. The strong growth in the second quarter has raised hopes that India will achieve its growth target of 8 per cent for the full year, and possibly even exceed it.
The leaders who reacted to the GDP growth figures included politicians from the ruling party as well as the opposition. They all agreed that the 8.2 per cent growth was a remarkable achievement, and reflected the country’s potential to become one of the fastest-growing major economies in the world. The leaders also credited the government’s policies, including the reforms initiated in recent years, for the strong growth.
The government has been working to improve the business environment, simplify tax laws, and increase investment in infrastructure. These efforts have started to pay off, with foreign investment flowing into the country and domestic companies also increasing their investment. The leaders also praised the Reserve Bank of India (RBI) for its monetary policy, which has helped to keep inflation under control while supporting growth.
The strong GDP growth has also been driven by the government’s focus on digitization, which has helped to increase efficiency and reduce corruption. The use of technology has also helped to improve the delivery of public services, making it easier for citizens to access them. The leaders said that the 8.2 per cent growth was a testament to the country’s potential, and reflected the hard work and resilience of the Indian people.
The GDP growth figures have also been welcomed by industry leaders, who said that it reflects the strong momentum in the economy. They added that the growth has been driven by a combination of factors, including a pickup in consumer spending, investment, and exports. The industry leaders also credited the government’s policies, including the reforms initiated in recent years, for the strong growth.
The strong GDP growth has raised hopes that India will achieve its growth target of 8 per cent for the full year, and possibly even exceed it. The country is expected to continue to be one of the fastest-growing major economies in the world, driven by its large and young population, rapid urbanization, and increasing investment in infrastructure. The leaders said that the 8.2 per cent growth was a significant milestone, and reflected the country’s potential to become one of the leading economies in the world.
In conclusion, the 8.2 per cent GDP growth in the second quarter is a remarkable achievement, and reflects the country’s resilience and potential. The growth has been driven by a combination of factors, including a pickup in consumer spending, investment, and exports. The leaders have hailed the achievement as a testament to the government’s policies and the hard work of the Indian people. The strong GDP growth has raised hopes that India will achieve its growth target of 8 per cent for the full year, and possibly even exceed it.
The country is expected to continue to be one of the fastest-growing major economies in the world, driven by its large and young population, rapid urbanization, and increasing investment in infrastructure. As the country continues to grow and develop, it is likely to face new challenges and opportunities. However, with its strong momentum and potential, India is well-positioned to become one of the leading economies in the world.
The latest GDP growth figures have sent a strong signal to the world about India’s resilience and potential, and have raised hopes that the country will continue to be a key driver of global growth. The leaders have said that the 8.2 per cent growth is a significant milestone, and reflects the country’s potential to become one of the leading economies in the world. As the country looks to the future, it is likely to continue to be a major player in the global economy, and its growth and development will have a significant impact on the world.
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