India's GDP grows 7.8% in Q1, Modi cites momentum despite global challenges

Prime Minister Narendra Modi announced on September 3 that India's GDP grew at 7.8 percent in the first quarter of FY27, citing sustained economic momentum despite global uncertainty affecting food and fuel supply chains. Speaking at a joint press meeting with Belgian Prime Minister Bart De Wever in New Delhi, Modi acknowledged ongoing global conflicts and instability but stated India's growth story is becoming a source of confidence and new opportunities for the world. Modi also highlighted strengthened India-Belgium cooperation in defence and clean energy, including the Zorawar tank project and a green ammonia initiative in Kakinada, and announced an Investment Fast-Track Mechanism for Belgian companies, aiming to double bilateral trade within five years.