India Q2 2025 GDP Soars on Services Growth

  Published 5 months ago

India’s Q2 2025 GDP rose to 7.8%, driven by services, consumption, and a low inflation deflator.

  • Services grew 9.3% YoY, reaching a two‑year high, contributing two‑thirds of activity in the quarter overall.
  • Manufacturing rose to 7.7% YoY, a five‑quarter high, showing resilience despite the global slowdown in 2025.
  • Easier credit, lower food prices, and welfare spending boosted household purchasing power through late 2025.

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