India’s Robust Q1 GDP
Growth Showcases Resilience Amid Global Tariff Turmoil: Mr S C Ralhan,
President, FIEO
New Delhi, August 30, 2025: India’s GDP growth in the first
quarter of the current year at 7.8% once again demonstrates the underlying
strength and resilience of our economy, said Mr S C Ralhan, President, FIEO. At
a time when global trade continues to grapple with uncertainties and tariff
wars, India’s vibrant domestic market has provided a strong cushion, ensuring
sustained momentum in consumption and investment.
The impressive performance is not only a reflection of robust domestic
demand but also of the structural reforms undertaken in recent years — from GST
rationalisation and infrastructure push to digitalisation and financial
inclusion — which are now yielding tangible results observed, President, FIEO.
While exporters face challenges from tariff headwinds in key markets,
India’s ability to balance domestic absorption with diversification through new
FTAs provides a unique strategic advantage. At the same time, sectors such as
manufacturing, services, and agriculture are showing renewed dynamism,
supported by government initiatives to improve ease of doing business and
enhance competitiveness.
This growth trajectory underscores the fact that India is not only
navigating global challenges with confidence but also positioning itself as a
major driver of global economic expansion, said Mr S C Ralhan. Going forward,
our focus will be on further strengthening the trade ecosystem so that
exporters continue to contribute meaningfully to employment generation and
inclusive growth.
