{"id":10010,"date":"2026-03-01T11:18:32","date_gmt":"2026-03-01T11:18:32","guid":{"rendered":"https:\/\/thebullets.in\/hindi\/?p=10010"},"modified":"2026-03-01T11:18:49","modified_gmt":"2026-03-01T11:18:49","slug":"new-gdp-series-shows-larger-economy-manufacturing-emerges-as-indias-growth-engine-sbi-research-bulletsin","status":"publish","type":"post","link":"https:\/\/thebullets.in\/hindi\/new-gdp-series-shows-larger-economy-manufacturing-emerges-as-indias-growth-engine-sbi-research-bulletsin\/","title":{"rendered":"New GDP Series Shows Larger Economy; Manufacturing Emerges as India\u2019s Growth Engine: SBI Research | BulletsIn"},"content":{"rendered":"<p>According to an SBI Research report released in New Delhi on February 28, India\u2019s revised GDP series indicates a larger economic size and highlights manufacturing as the primary growth driver. The report notes that while growth in Q3 FY2026 is estimated at 7.8%, structural revisions and better data coverage have significantly altered previous estimates.<\/p>\n<h2>BulletsIn<\/h2>\n<ul>\n<li>Revised GDP data shows India\u2019s economic size significantly higher than earlier estimates, reflecting improved methodology and expanded data coverage.<\/li>\n<li>Q3 FY2026 GDP growth estimated at 7.8%, compared to 8.4% in Q2 FY2026, indicating slight sequential moderation.<\/li>\n<li>Full-year FY2026 growth projected at 7.6%, marginally higher than earlier estimate of 7.4%.<\/li>\n<li>Several past years\u2019 GDP numbers revised upward due to improved compliance, better corporate filings, and refined estimation techniques.<\/li>\n<li>Nominal GDP for FY2024 revised from 9.2% to 7.2%, while FY2025 growth raised from 6.5% to 7.1%.<\/li>\n<li>India\u2019s nominal GDP for FY2023 now estimated at \u20b9261 lakh crore, compared to \u20b9161 lakh crore in FY2011-12, reflecting long-term expansion.<\/li>\n<li>FY2025 nominal GDP revised sharply upward from \u20b9188 lakh crore to \u20b9300 lakh crore under new calculations.<\/li>\n<li>Manufacturing identified as strongest-performing sector, driven by higher corporate margins and improved value-addition metrics.<\/li>\n<li>Manufacturing growth recorded 12.7% in FY2024 and estimated 11.5% in FY2026, reinforcing its role as growth engine.<\/li>\n<li>Quarterly manufacturing growth in FY2026 remained strong: 10.6% in Q1, 13.2% in Q2, and 13.3% in Q3.<\/li>\n<li>Services sector also showed steady expansion, with FY2026 growth estimated at 9%, up from 7.9% in FY2024.<\/li>\n<li>Trade, hotels, transport and communication services grew 11.2% in Q3 FY2026.<\/li>\n<li>Agriculture and allied sectors saw moderation, with FY2026 growth projected at 2.4%, lower than 4.2% in FY2025.<\/li>\n<li>Overall GVA growth in Q3 FY2026 stood at 7.4%, compared to 5.8% in the same quarter last year.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>According to an SBI Research report released in New Delhi on February 28, India\u2019s revised GDP series indicates a larger economic size and highlights manufacturing as the primary growth driver. The report notes that while growth in Q3 FY2026 is estimated at 7.8%, structural revisions and better data coverage have significantly altered previous estimates. BulletsIn [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":10014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[35],"tags":[47,3317,3316],"class_list":["post-10010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-economy","tag-bulletsin","tag-india-revised-gdp-series","tag-sbi-research-gdp-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New GDP Series Shows Larger Economy; Manufacturing Emerges as India\u2019s Growth Engine: SBI Research | BulletsIn - thebulletsinhindi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thebullets.in\/hindi\/new-gdp-series-shows-larger-economy-manufacturing-emerges-as-indias-growth-engine-sbi-research-bulletsin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New GDP Series Shows Larger Economy; Manufacturing Emerges as India\u2019s Growth Engine: SBI Research | BulletsIn - thebulletsinhindi\" \/>\n<meta property=\"og:description\" content=\"According to an SBI Research report released in New Delhi on February 28, India\u2019s revised GDP series indicates a larger economic size and highlights manufacturing as the primary growth driver. 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