India GDP grows 8.2% in Q3 2025, exceeding expectations

April 30, 2024

Investing.com — India’s economy grew by 8.2% year-over-year in the third quarter of 2025, surpassing both Bank of America’s estimate of 7.25% and Bloomberg consensus forecast of 7.3%.

The strong performance maintains India’s growth trajectory above 7% for the year. Year-to-date, the country’s GDP growth for calendar year 2025 stands at 7.8%, while the first half of fiscal year 2026 also recorded 8.0% growth.

Gross Value Added (GVA) showed similar strength with an 8.1% increase. The non‑agricultural, non‑government GDP segment expanded by 8.6%, improving from 8.2% in the previous period.

Despite the robust real GDP figures, India’s nominal GDP growth remained relatively subdued at 8.7% year-over-year with a deflator of 0.5%. This represents a slight decrease from the 8.8% nominal growth recorded in the second quarter of 2025.