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India’s GDP growth has reached 7.2 percent in the current fiscal year, driven by a surge in consumer spending

August 16, 2026 | by

India’s GDP growth has reached 7.2 percent in the current fiscal year, driven by a surge in consumer spending and investment. This growth rate is higher than the previous fiscal year and exceeds initial projections, indicating a strong recovery from the pandemic-induced slowdown. The robust GDP growth is expected to make India one of the fastest-growing major economies in the world, boosting the country’s economic outlook and prospects.

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