New Delhi, Sept. 1 -- Industry leaders and economists have welcomed India's latest gross domestic product (GDP) numbers, terming the 7.8 per cent expansion in the first quarter (Q1) of the fiscal year (FY27) a reflection of resilient domestic activity, while highlighting the need for higher investment rates to sustain the growth momentum amid global uncertainties.

Industry representatives and economists observed that the first-quarter expansion outperformed market estimates and reflected healthy domestic underlying economic strength.

Speaking to ANI, Secretary General of the Associated Chambers of Commerce and Industry of India, Saurabh Sanyal, noted that the growth trajectory matched industry projections made earlier in the year.

"We ...