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GDP to grow 7.3-7.5 pc in  FY26, says Grant Thornton Bharat

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo NEW DELHI, Jan 14:  The Indian economy is likely to clock a growth rate of 7.3 to 7.5 per cent in the fiscal ending March 2026, and slow down a bit to 7 per cent in 2026-27, consultancy firm Grant Thornton Bharat said on Wednesday. According to the First Advance Estimates issued by the National Statistics Office (NSO), India is likely to grow at 7.4 per cent during 2025-26, compared to 6.5 per cent in the previous fiscal year, driven by a strong performance in the services and manufacturing sectors, thus retaining its position as the world’s fastest-growing major economy. During an interaction with PTI, Rishi Shah, Partner and Economic Advisory Services Leader, Grant Thornton Bharat (Economist, Macro Economic Affairs), said that exports are holding up despite US tariffs on Indian imports and other hurdles.

GDP to grow 7.3-7.5 pc in  FY26, says Grant Thornton Bharat

Credit: Dailyexcelsior

Key Highlights

  • “I think in this fiscal year, it’s a fair assessment, you know, 7.3 to 7.5 per cent, and in 2026-26, it would be closer 6.7 to 7 per cent mark,” he said.
  • He also flagged the external factor as a big pressure point for the economy, especially in view of the geopolitical developments.
  • Shah said issues related to South America and the Middle East may pose challenges to the supply chains.
  • “Any policy decision that is taken today, the genuine and the actual impact of that will only be known in about maybe a few years from now.
  • So, the idea has to be to actually play a very important part in this new wave of industrialisation.
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Sources

  1. GDP to grow 7.3-7.5 pc in  FY26, says Grant Thornton Bharat

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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