Economic Growth Projections - The farm sector is estimated to grow by 3.1% in 2025-26, slower than the 4.6% growth from the previous year but still considered robust [2][3] - The mining sector is projected to contract by 0.7% in 2025-26, contrasting with a growth of 2.7% last year [2][3] - The manufacturing sector is expected to maintain a strong growth rate of 7% in 2025-26, up from 4.5% in the previous fiscal year [3] Aggregate Demand and Consumption - The first advance estimates indicate flat aggregate demand in FY26, with government consumption contributing positively with a growth of 5.2% in real terms [2][3] - Exports are showing positive growth of 6.4%, while private consumption growth is slightly lower at 7.0%, potentially due to the slowdown in the agriculture sector [2][3] - Per capita consumption has registered a growth of 6.1% [2][3] Sectoral Insights - The construction sector continues to show healthy growth at 7%, although this is a decrease from the 9.4% increase in 2024-25 [3] - The uptick in government consumption and traction in services has helped sustain demand in FY26, mitigating the effects of external headwinds [2][3]
At 7%, mfg expected to stay robust
The Times Of India·2026-01-07 20:13