India’s GDP grows 7.8% in December quarter after methodology revision


Daijiworld Media Network – New Delhi

New Delhi, Feb 27: India’s economy expanded 7.8 per cent in the October-December quarter following a revision in calculation methodology, according to official data released on Friday.

The higher growth figure comes after changes in the way gross domestic product (GDP) is computed, including updated base year estimates and revised data inputs aimed at better capturing economic activity across sectors.

Government officials said the revised framework reflects improved data coverage and a more accurate assessment of performance in manufacturing, services and investment. The updated numbers indicate stronger momentum in the third quarter compared to earlier projections.

Economists noted that while the revised methodology has boosted headline growth, underlying trends such as consumption demand, rural spending and export performance will remain key indicators to watch in the coming quarters.

The latest data places India among the fastest-growing major economies globally, even as global uncertainties and geopolitical tensions continue to pose risks to growth.

  

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Title: India’s GDP grows 7.8% in December quarter after methodology revision



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