Dehradun, Jan. 30 -- The Economic Survey 2025-26 presented by Finance Minister Nirmala Sitharaman in Parliament on Thursday projects India's GDP to grow by 6.8%-7.2% in FY27, maintaining its status as the fastest-growing major economy. Key drivers include strong manufacturing (7.7%-9.1% growth in H1FY26), a 4.4% fiscal deficit target, and robust domestic demand. Real GDP is projected to grow in FY27, following a strong performance in FY26, driven by structural reforms, industrial capacity expansion, and high domestic consumption.
Also, Manufacturing Gross Value Added (GVA) grew by 7.72% and 9.13% in Q1 and Q2 of FY26, respectively. Medium and high-technology activities now account for 46.3% of total manufacturing value added. The survey al...