📊 India’s GDP Growth Accelerates to 7.8% in 1Q FY27
India’s economy expanded by 7.8% YoY in 1Q FY27 to reach INR 81.36 trillion, beating the Reserve Bank of India’s 7.0% projection despite global trade uncertainties and high energy prices. • Overall Financials: Real GVA grew 8.2% to INR 73.82 trillion, while nominal GDP expanded 10.3% to INR 88.27 trillion. Investment demand surged with Gross Fixed Capital Formation rising 11.9%. • Sector Breakdowns: Manufacturing grew 9.2%, driving overall economic expansion. Electricity & Utilities rebounded with an 8.9% increase. Construction expanded by 7.7%. Agriculture maintained a steady 3.6% growth rate. Mining contracted by 2.4%. • Economic Outlook & Risks: Surging investment is being led by data centres, power, and metals. However, elevated crude oil prices above $80/barrel and West Asia disruptions pose ongoing risks to global demand and export growth, reinforcing the need for export diversification and cost competitiveness. Full-year growth is projected to reach 7.0%.