India’s GDP Growth Accelerates to 7.8% in Q1

GDP in nominal terms also showed robust momentum, rising by 8.8%, reinforcing the economy’s overall strength. The country’s Gross Value Added (GVA) — often considered a more stable measure of economic activity — grew by 7.6%.
Sector Highlights
Services Sector led the charge, recording a sharp 9.3% growth, boosted by strong performances in trade, transportation, broadcasting, financial and professional services, and public administration.
Manufacturing surged by 7.7%, while construction also performed well at 7.6%.
Agriculture & Allied Activities expanded by 3.7%, showing steady resilience compared to 1.5% last year.
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