India GDP Report Q1: India registered a strong economic growth despite American tariffs and global pressures. The government is planning to promote economic activities in the coming quarters by focusing on GST cut and festive demand.
India GDP 2025: India’s economy has maintained its GDP growth rate despite US President Donald Trump’s huge 50% tariff. On Friday, August 29, 2025, Chief Economic Advisor (CEA) V. Anantha Nageswaran told the press conference that in view of the strength of the April-June quarter, the Finance Ministry has estimated the growth rate for the financial year 2025-26 between 6.3% to 6.8%. Let’s know what he said …
American tariff impact for short term
CEA V. Anantha Nagswaran said, ‘We are not expecting any significant negative effects in GDP growth due to American tariffs. Seeing the strength of Q1, we are maintaining an estimate of 6.3-6.8% growth rate for this financial year. He also said that the American tariff will have an impact on the Indian economy for short -term or short term.
Indian GDP quarterly report
India’s GDP growth rate was 7.8% in the first quarter of FY 2025-26. This is an increase of 40 basis points from 7.4% of the previous quarter. The service sector recorded 7.6% real GVA growth, showing depth and dynamics in major sectors of the economy. Assocham’s president Sanjay Nair told ANI, “This performance shows India’s resilience and adaptability and decides that the country will move forward with confidence between global challenges.”
How much tariff has America imposed on India?
US President Donald Trump has imposed an additional 50% tariff on all imports coming from India. Earlier, 25% tariff was imposed by 1 August 2025 and a high tariff of 50% came into force from 27 August 2025. Trump described India’s oil trade with Russia and India’s high tariff on America as the reason behind it.
What can be expected next?
CEA Nageswararan hoped that the Aggregate Demand will remain in the coming quarters. For this, the government will focus on GST rate deduction and festive season consumption, so that growth in the economy continues.
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