India Growth Beats All Estimates as Factories Defy Trump Tariffs

India’s economy grew at the fastest pace in six quarters, underscoring its resilience even as US President Donald Trump’s steep tariffs cloud the outlook.

Gross domestic product rose 8.2% in the three months through September from a year earlier, the Statistics Ministry said Friday, beating all 38 estimates in a Bloomberg survey of economists and much faster than the 7.4% median forecast. The economy had expanded 7.8% in the April–June quarter.

In a post on X, Prime Minister Narendra Modi called the GDP number “very encouraging,” saying it reflects the impact of the government’s “pro-growth policies and reforms.”

India’s sovereign ...