India's GDP Soars to 7.4% in FY26, Defying Global Headwinds

• India's GDP is projected to grow at a robust 7.4% in FY26, up from 6.5% in FY25, surpassing RBI's 7.3% forecast.
• The services sector, particularly financial, real estate, and public administration, is the primary driver, contributing to 7.3% GVA growth.
• Manufacturing and construction are expected to grow 7% each, supported by infrastructure spending and capital expenditure.
• Domestic consumption (PFCE) is projected to rise by 7%, and investment (GFCF) by 7.8%, indicating strong internal demand.
• Despite global tariff headwinds, India maintains its position as one of the fastest-growing economies worldwide.

Why It Matters: India's economy shows robust growth in FY26, driven by services and investment, despite global challenges.