ADB ups India's FY26 growth projection to 6.9% on strong domestic demand, lower US tariffs
- Posted on April 10, 2026
- By Business News Today
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In brief
India's economic outlook strengthens as the Asian Development Bank revises its FY26 growth forecast upward to 6.9%, driven by robust domestic consumption and favorable tariff adjustments from the United States. The institution anticipates further acceleration to 7.3% in FY27, supported by ongoing structural reforms and bilateral trade initiatives. Inflation management remains a priority, with expectations of a temporary rise to 4.5% before moderating to 4.0% in the subsequent fiscal year.
ADB ups India's FY26 growth projection to 6.9% on strong domestic demand, lower US tariffs
The Asian Development Bank has raised India's economic growth projection to 6.9% for FY26, citing strong domestic demand and reduced US tariffs. Growth is expected to accelerate to 7.3% in FY27, fueled by reforms and trade agreements. Inflation is projected to rise to 4.5% in FY26 before easing to 4.0% in FY27.
