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 has been hailed as a testament to the country’s resilience and potential, with many leaders attributing it to the government’s policies and reforms.
The 8.2 per cent GDP growth in the second quarter is a significant improvement from the 7.2 per cent growth recorded in the first quarter of the current fiscal year. This growth rate is also higher than the 7.5 per cent growth recorded in the same period last year. The impressive growth has been driven by a strong performance in the manufacturing sector, which grew by 12.1 per cent, as well as a robust growth in the services sector, which expanded by 9.1 per cent.
Reacting to the news, Prime Minister Narendra Modi tweeted, “India’s GDP growth rate of 8.2% in Q2 is a testament to the country’s resilience and potential. Our government’s policies and reforms have created a favorable business environment, which has led to increased investment and growth.” He further added, “This achievement is a milestone in our journey towards becoming a $5 trillion economy.”
Other political leaders also echoed similar sentiments, with Finance Minister Nirmala Sitharaman stating, “The 8.2 per cent GDP growth in Q2 is a remarkable achievement, which reflects the government’s commitment to economic growth and development.” She added, “We will continue to work towards creating a favorable business environment and implementing policies that promote investment and growth.”
The opposition parties also welcomed the news, with Congress leader Rahul Gandhi tweeting, “The 8.2 per cent GDP growth in Q2 is a positive sign, but we must not forget that there is still much work to be done to address the issues of unemployment and inequality.” He added, “We must continue to work towards creating a more inclusive and sustainable economy that benefits all sections of society.”
The impressive GDP growth has also been welcomed by industry leaders, with many attributing it to the government’s policies and reforms. “The 8.2 per cent GDP growth in Q2 is a testament to the government’s efforts to create a favorable business environment,” said Uday Kotak, Managing Director of Kotak Mahindra Bank. “We must continue to work towards implementing policies that promote investment and growth, and address the issues of infrastructure and skill development.”
The GDP growth has also been driven by a strong performance in the agriculture sector, which grew by 4.6 per cent. This growth has been attributed to a good monsoon season, which has led to a bumper crop production. The growth in the agriculture sector has also been driven by the government’s policies, including the implementation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, which provides financial support to farmers.
The impressive GDP growth has also been reflected in the stock market, with the Sensex and Nifty indices reaching new highs. The growth has also been driven by a strong performance in the IT sector, which has been driven by the government’s policies, including the implementation of the Digital India initiative.
In conclusion, the 8.2 per cent GDP growth in Q2 is a significant achievement, which reflects the country’s resilience and potential. The growth has been driven by a strong performance in the manufacturing, services, and agriculture sectors, and has been attributed to the government’s policies and reforms. As India continues to grow and develop, it is essential that we continue to work towards creating a favorable business environment, and implementing policies that promote investment and growth.
The achievement is a testament to the country’s ability to bounce back from the challenges posed by the COVID-19 pandemic, and demonstrates the country’s potential to become a leading player in the global economy. As the country continues to grow and develop, it is essential that we continue to work towards creating a more inclusive and sustainable economy that benefits all sections of society.
The government’s policies and reforms have played a significant role in driving the growth, and it is essential that we continue to build on this momentum. The growth has also been driven by the country’s demographic dividend, with a large and young population providing a significant workforce.
As India continues to grow and develop, it is essential that we continue to work towards creating a more sustainable and inclusive economy. This can be achieved by implementing policies that promote investment and growth, and address the issues of unemployment and inequality. The country must also continue to work towards creating a favorable business environment, and implementing policies that promote innovation and entrepreneurship.
In the coming years, India is expected to continue to grow and develop, driven by its large and young population, and its favorable business environment. The country must continue to work towards creating a more sustainable and inclusive economy, and implementing policies that promote investment and growth.