The Indian economy grew at high single digits under the new method to calculate gross domestic production.
India’s GDP growth rate stood at 7.8% in October-December 2025, according to data released by the Ministry of Statistics and Program Implementation on Friday (27 February 2026). That compares with 6.2% in the year-ago period and 8.2% in the previous quarter.
The GDP data released today is according to the new GDP series which shifts the base year to 2022-23 from 2011-12.
The updated projections pegs India’s GDP growth rate at 7.6% in FY26. That compares with the government’s first advance GDP estimate of 7.4% in January under the previous series.
The GDP overhaul is part of a broader effort to update India’s economic data. Earlier this month, the government revised its inflation series to better capture shifting spending patterns in the world’s fastest-growing major economy. Rebasing growth adjusts the weights assigned to sectors to reflect how the economy has evolved over the past decade.
Fast-growing areas such as the digital economy and gig work are likely to gain prominence in the new series, while sectors including agriculture and informal manufacturing may carry less weight.
Economists will also look to the new calculation methodology for indications of when India might surpass Japan as the world’s fourth-largest economy. Japan’s economy is about $4.4 trillion, and India has yet to overtake it largely because of the rupee’s sharp depreciation against the dollar last year.