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Growth detail
Sector by sector: annual and quarterly real growth of gross value added, and the quarterly national accounts in ₹ lakh crore. MoSPI, base 2022-23.
Annual real GVA growth by sector
| % on the previous year | 2025-26 Provisional Estimates | 2024-25 First Revised Estimates | 2023-24 Final Estimates |
|---|---|---|---|
| Agriculture | 3.3% | 4.1% | 2.7% |
| Construction | 7.2% | 6.6% | 9.7% |
| Finance, real estate | 10.5% | 9.0% | 6.6% |
| Manufacturing | 8.8% | 10.0% | 10.7% |
| Mining | 7.1% | 13.5% | 0.9% |
| Public administration and other | 6.3% | 5.1% | 6.9% |
| Trade, hotels, transport | 11.3% | 7.0% | 11.5% |
| Utilities | 2.1% | 2.8% | 11.7% |
Quarterly real GVA growth by sector
| Real GVA, % y/y | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Total GVA | 7.0 | 7.6 | 6.6 | 7.0 | 8.3 | 7.6 | 8.7 | 8.2 |
| GVA agriculture | 4.0 | 5.7 | 3.8 | 4.4 | 3.2 | 1.9 | 3.9 | 3.6 |
| GVA mining and quarrying | 6.7 | 16.5 | 13.6 | 12.4 | 21.6 | 3.3 | −2.9 | −2.4 |
| GVA manufacturing | 7.5 | 12.2 | 10.3 | 8.3 | 10.0 | 9.0 | 7.9 | 9.2 |
| GVA electricity | −0.2 | 0.7 | 1.0 | −1.8 | 3.8 | 1.9 | 4.8 | 8.9 |
| GVA construction | 5.6 | 5.2 | 7.5 | 5.2 | 7.8 | 7.0 | 8.7 | 7.7 |
| GVA trade | 7.5 | 6.7 | 5.9 | 9.8 | 10.6 | 11.7 | 12.9 | 8.5 |
| GVA financial | 10.0 | 9.7 | 7.7 | 8.8 | 9.9 | 10.9 | 12.3 | 12.1 |
| GVA public administration | 6.0 | 4.2 | 3.5 | 4.6 | 5.7 | 6.6 | 8.0 | 7.5 |
Quarterly levels
| ₹ lakh crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| GDP, current prices | 73.68 | 83.55 | 86.73 | 80.00 | 79.86 | 90.83 | 94.67 | 88.27 |
| GDP, constant prices | 69.75 | 78.98 | 81.80 | 75.46 | 75.41 | 85.02 | 88.80 | 81.36 |
| Private consumption | 38.56 | 45.52 | 45.72 | 41.76 | 41.02 | 49.17 | 49.14 | 44.74 |
| Government consumption | 7.64 | 7.82 | 8.23 | 8.19 | 7.97 | 8.37 | 8.86 | 8.55 |
| Fixed investment | 24.84 | 24.70 | 26.60 | 24.97 | 26.64 | 26.76 | 29.41 | 27.96 |
| Exports | 15.61 | 17.05 | 17.82 | 17.08 | 17.13 | 18.10 | 18.52 | 19.14 |
| Imports | 18.70 | 18.38 | 17.67 | 19.72 | 19.64 | 19.67 | 17.82 | 19.51 |
Spending components at constant prices; they do not add up to GDP because change in stocks, valuables and the statistical discrepancy are not shown. Source: MoSPI national accounts (eSankhyiki API). Downloads: Data.