New Delhi, Nov 18
India’s economic growth is expected to remain strong in the second quarter (Q2 FY26), with GDP likely to be close to 7.5 per cent, a new report said on Tuesday.
The data compiled by SBI Research said that the economy is gaining strength from rising investment activity, improving rural consumption and continued momentum in services and manufacturing.
These trends are being supported by structural reforms such as GST rationalisation, which has not only improved compliance but also boosted festive season demand.
SBI Research noted that more economic indicators are now showing acceleration. Out of 50 leading indicators tracked across agriculture, industry, services and consumption, 83 per cent showed improvement in Q2, compared with 70 per cent in Q1.