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AnalysisIBEFWednesday, 2 September 2026

India's Real GDP Grows 7.8% in Q1 FY27, Beats RBI Estimate

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Summary
India's real GDP grew 7.8% in Q1 FY27, reaching US$ 856.60 billion and beating the RBI's 7% estimate. Growth was broad-based, supported by manufacturing, services, investment and strong export performance.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedWednesday, 2 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Merchandise exports: $437 billion (2024-25)
Key Authorities
Ministry of FinanceRBISEBIDEAMinistry of Commerce & Industry
Key Stakeholders
TaxpayersBanks & NBFCsInvestorsExportersImportersMSMEs
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Finance & Economy671 tracked→Trade & Commerce145 tracked→
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