India's economy shows resilient momentum with revised GDP data. The statistics ministry released new gross domestic product estimates using 2022-23 as the base year, revealing growth of 7.6% for 2025-26, surpassing the previous estimate of 7.4%. Most significantly, the data demonstrates a structural shift in economic composition, with manufacturing now leading growth for the first time in years. The sector achieved double-digit expansion in 2023-24 and is expected to maintain this pace. Third quarter growth reached 7.8%, a robust figure despite rising US tariffs. The revision reflects improved estimation methodologies and better data sources for tracking the informal sector, providing a more accurate picture of value creation in factories and manufacturing operations across the economy.
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