New Delhi, June 6, 2026:
Defence Minister Rajnath Singh on Saturday said India continues to stand out as the world’s fastest-growing major economy at a time when many countries are grappling with economic uncertainty.
Highlighting the country’s strong economic performance, Singh said India’s Gross Domestic Product (GDP) grew by 7.7 per cent during the financial year 2025-26, while growth accelerated to 7.8 per cent in the fourth quarter, reflecting the resilience and strength of the Indian economy.
In a post on social media platform X, the Defence Minister said the impressive growth was the result of 12 years of sustained efforts under the mantra of “Reform, Perform, Transform.”
“At a time when many countries are facing economic uncertainty, India continues to stand out as the world’s fastest-growing major economy. India’s economy grew by 7.7 per cent in FY 2025-26, with growth accelerating to 7.8 per cent in the fourth quarter, underscoring its resilience and underlying strength built over the last 12 years through the mantra of ‘Reform, Perform, Transform’,” Singh said.
He credited Prime Minister Narendra Modi’s leadership for combining economic growth with stability, confidence, sustainability and credibility.
“His unwavering commitment to nation-building, focus on innovation, infrastructure and entrepreneurship, and ability to steer the country through unprecedented global challenges have transformed India into a confident, resilient and globally respected economic power,” Singh added.
Earlier, Prime Minister Narendra Modi also welcomed the latest growth figures, describing them as evidence of the inherent strength of the Indian economy and the success of ongoing reforms.
“India’s growth momentum remains strong. GDP growth rate of 7.7 per cent in FY 2025-26 and 7.8 per cent in Q4 of FY 2025-26 reflect the inherent strength of our economy, the success of reforms and the hard work of 140 crore Indians,” the Prime Minister said in a post on X.
Modi further stated that the government would continue efforts to improve Ease of Living, Ease of Doing Business and create more opportunities for the country’s youth.
According to data released by the Ministry of Statistics and Programme Implementation (MoSPI), India’s economy expanded by 7.7 per cent in 2025-26, higher than the 7.1 per cent growth recorded in the previous financial year.
The GDP growth rate for the January-March quarter of FY26 was estimated at 7.8 per cent. Real GDP at constant prices was estimated to reach Rs 323.12 lakh crore in FY26, compared to Rs 299.89 lakh crore in FY25.
Meanwhile, nominal GDP at current prices was estimated at Rs 346.36 lakh crore during FY26, up from Rs 318.07 lakh crore in FY25, registering a growth rate of 8.9 per cent.
The latest figures reinforce India’s position as one of the world’s leading growth engines and highlight the country’s continued economic resilience amid global uncertainties.
