India's GDP growth jumps to 8.2% in Q2—here's why it matters
India's economy just clocked an 8.2% growth rate for July-September, way up from last year's 5.6% and beating what most experts expected.
The main drivers? Strong rural demand, a boost in government spending, and exporters rushing shipments before new US tariffs kicked in.
What's fueling the numbers?
Both industry and services saw solid gains—industry grew by 8.1%, services by 9.2%.
Manufacturing picked up, and government investment soared by 31%.
Exports bounced back too, rising nearly 9% after a tough year.
The bigger picture: good news with a few caveats
People are spending more again, especially in rural areas thanks to better farm output and higher wages.
But because inflation stayed low, the headline economic growth doesn't translate into as much extra money as the government hoped—so tax revenues might fall short of targets.
Still, these numbers show India's economy is holding strong even as global uncertainties continue.