India’s Q3 FY26 GDP Growth Likely to Cross 8%, Projected to Outpace Global Peers: SBI Research

Mumbai : India’s economic momentum continues to show remarkable resilience, with the Real GDP growth for the third quarter of FY2025-26 (Q3 FY26) projected to exceed the $8.0\%$ mark. According to the latest SBI Research report, this robust growth trajectory is underpinned by a significant recovery in the agricultural sector and a sustained expansion in services and manufacturing.

The report highlights several key factors driving this optimistic outlook:

• Agricultural Resilience: Favorable monsoon conditions and improved yield estimates suggest a strong performance in the primary secto

• Industrial Robustness: Continued capital expenditure (CapEx) by the government and a steady rise in private investment are bolstering industrial output.

• Credit Growth: Sustained credit demand across corporate and retail sectors indicates high economic activity and consumer confidence

While global growth remains tempered by geopolitical uncertainties and fluctuating commodity prices, SBI Research maintains that India’s domestic demand-driven economy is well-positioned to remain the fastest-growing major economy in the world. The report further suggests that for the full fiscal year 2025-26, the GDP growth rate could settle comfortably between $7.5\%$ and $7.8\%$.