India’s Q1 FY26 GDP Growth Hits 7.8%, Beating Global Forecasts: NSE CEO Explains Why
India’s GDP grew 7.8% in Q1 FY26, beating global forecasts of 6.5%. NSE CEO Ashishkumar Chauhan highlights sector-wide growth and strong future outlook.
NSE CEO Ashishkumar Chauhan says India’s 7.8% GDP growth in Q1 FY26 is the highest globally, driven by strong performance across agriculture, manufacturing, and services.
According to Ashishkumar Chauhan, MD and CEO of the National Stock Exchange (NSE), India's economy has once again surpassed international forecasts, achieving an astounding 7.8% GDP growth in Q1 FY26.
Chauhan described the performance as "absolutely exhilarating," stating that India has surpassed the 6.5% prediction made by multiple international agencies to record the best growth rate globally.
Growth in a Variety of Sectors
The increase is widespread, affecting manufacturing, construction, services, and agriculture.
- The 3.7% growth in agriculture was a significant improvement over the 1.5% growth in the previous year.
- Construction grew by 7.6%, while manufacturing grew by 7.7%.
- The services sector, which includes banking, hotels, and trade, increased by 9.3% as opposed to 6.8% in the first quarter of FY25.
Chauhan emphasised that "this extraordinary growth spans travel, tourism, production, services, and other key sectors."
Optimism For The Future
Looking ahead, Chauhan expressed confidence that Q2 and the second half of FY26 will sustain the momentum. Favorable monsoons, controlled inflation, and ongoing reforms in GST and taxation are expected to further strengthen India’s economic outlook.
“With this kind of performance, India is well-positioned for a robust economic future,” Chauhan said.
