India’s Q1 GDP growth at 7.8% shows stability, says CEA; calls tariffs an opportunity for reforms

India's GDP surged by 7.8% in Q1 FY26, marking the fastest expansion in five quarters, driven by strong consumption and investment. Despite a US tariff hike, the CEA sees an opportunity for domestic reforms and export diversification. Agriculture and services sectors boosted growth, while indicators like FMCG sales and PMI levels reflect positive economic momentum.