SBI Research Forecasts Robust Economic Expansion for India in Q3 FY26
In a significant economic projection, SBI Research has indicated that India's gross domestic product (GDP) growth is likely to be above 8% for the October-December 2025 quarter. This optimistic forecast underscores the resilience and momentum of the Indian economy as it navigates global challenges. The research arm of the State Bank of India, a leading financial institution, bases this prediction on current economic indicators and trends, suggesting a period of strong performance in the third quarter of the fiscal year 2025-26.
Upcoming Release of Key Economic Data by the Ministry
Alongside the quarterly GDP figures, the Ministry of Statistics and Programme Implementation is scheduled to release the Second Advance Estimates of GDP for the full fiscal year 2025-26. This comprehensive data will provide a more detailed outlook on the annual economic trajectory, helping policymakers and analysts gauge the overall health of the economy. The release is anticipated to offer insights into various sectors and their contributions to growth.
Revised Historical GDP Estimates Under New Base Year
In addition to the forward-looking estimates, the ministry will also publish revised GDP estimates for the past three financial years, recalibrated according to the new base year of 2022-23. This update is crucial as it ensures consistency and accuracy in economic measurements, allowing for better comparisons over time. The rebasing process typically involves incorporating new data sources and methodologies to reflect structural changes in the economy.
Implications for India's Economic Landscape
The projected growth above 8% for the October-December 2025 quarter, if realized, would mark a robust phase for India's economy, potentially signaling recovery or acceleration in key areas such as manufacturing, services, and agriculture. SBI Research's forecast aligns with broader expectations of sustained economic momentum, driven by factors like government initiatives, consumer demand, and investment flows. Stakeholders, including investors and businesses, will closely monitor the official data release to validate these projections and adjust strategies accordingly.
As the global economic environment remains dynamic, India's performance in this quarter could have significant implications for its position in international markets and its ability to achieve long-term development goals. The upcoming data will be a critical benchmark for assessing progress and informing future economic policies.
