Faced with global volatility and rising global value chain integration, India’s periodic GDP base year updates demonstrate a policy landscape rooted in robust data, as per economists’ Friday insights.
Rajiv Juneja of PHDCCI called the revised GDP methodology a game-changer for national accounts’ reliability and analytical depth. It promises stakeholders—policymakers, corporates, investors—precise insights into sectoral economic health.
Merging GST returns, corporate earnings, transport signals, and digital records, the series enhances accuracy in tracking production, demand, capex, and regional disparities. ‘India is gearing up robustly for future developmental leaps,’ Juneja affirmed.
PHDCCI’s Dr. Ranjit Mehta targeted global audiences: ‘Investors worldwide will trust these internationally aligned stats, signaling robust private sector-led growth prospects.’
Aditi Nair at ICRA spotlighted trends: FY2026 Q3 manufacturing GVA extended double-digit growth streak to five quarters; services GVA reached 9.5%, highest in seven, from 9.3%. ‘With CPI inflation expectations rising on base effects, rate policy stability is on the cards,’ she predicted.
In an era of economic flux, this framework positions India as a data-savvy powerhouse. The ripple effects? Smarter policies, bolder investments, and a narrative of unrelenting progress.