India Growth Beats Estimates on Strong Domestic Demand


The data showed gross fixed capital formation, a proxy for investment, climbed 10.8% in the first quarter of 2026 from a year ago. It stood at 8.2% in the previous quarter, indicating higher spending by the government and the private sector. However, private consumption, that fuels nearly 60% of India’s gross domestic product, stood at 7.1%.



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