New Delhi, Aug. 31 -- Strong growth in gross fixed capital formation, supported by both private and public investment, provides an indication of continued momentum in India's economy in the coming quarters, Ministry of Statistics and Programme Implementation (MoSPI) Secretary Saurabh Garg said on Monday.

Speaking exclusively to ANI after India's real GDP grew 7.8 per cent in the April-June quarter of FY27, Garg said growth was broad-based across sectors, with services, financial activities, housing, real estate, trade and retail recording strong performance.

"Growth in fixed capital is driven by both private and public investment; this 12 per cent figure also offers an indication of what growth might look like in future quarters," Garg ...