Benchmarks Nifty24,287.65-78.35FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return23.43 % Invest NowEnter search text:HomeETPrimeMarketsMarket DataNewsIndustrySMEPoliticsWealthMFTechAICareersOpinionNRIPanacheThe Economic Times daily newspaper is available online now. Read Today's Paper ICRA estimates India's GDP growth at four-quarter low of 7 per cent in April-JuneSECTIONSICRA estimates India's GDP growth at four-quarter low of 7 per cent in April-JunePTILast Updated: Aug 17,…
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ICRA estimates India’s GDP growth at four-quarter low of 7 per cent in April-June
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ICRA estimates India’s GDP growth at four-quarter low of 7 per cent in April-June
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Synopsis
India’s GDP growth forecast stands at seven percent for the April-June quarter, marking a four-quarter low and a slowdown from prior expansion rates. The industrial sector is projected to expand by seven point seven percent, with agriculture and services also seeing improvements. Overall growth is anticipated to moderate, yet nominal GDP growth is due to reach a remarkable four-year high.
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New Delhi: Rating agency ICRA on Monday estimated India’s GDP growth at a four-quarter low of 7 per cent in the April-June quarter of the current fiscal, sliding from 7.8 per cent in the March quarter of FY26, on a slower pace of expansion in the services sector.
It projected the industrial sector to grow at 7.7 per cent, agriculture at 4 per cent, and the services sector to grow at 7.9 per cent in the June quarter.
For the full 2026-27 fiscal, ICRA projects GDP expansion to moderate to 6.7 per cent, from 7.7 per cent in FY26.
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IcraIndia GDP growth 2026ICRA GDP estimateQ1 2026 GDP growthAditi Nayar ICRAGDP expansion moderation FY27west asia
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