Economy

IMF raises India's growth forecast to 7.3% in FY26; sees steady global growth

January 19, 2026

The International Monetary Fund (IMF) has raised India's economic growth forecast to 7.3% for fiscal year 2026, an increase of 0.7 percentage points from its previous estimate. The IMF also updated India's GDP growth forecast to 6.4% for the fiscal year 2026-27. However, it cautioned that growth is expected to slow in the following years as cyclical factors diminish.

FILE . REUTERS/Amit Dave/File Photo

Credit: A vendor weights tomatoes for a customer at a vegetable market in Ahmedabad, India, July 25, 2023

Key Highlights

IMF raised India's growth forecast to 7.3% for FY26.
GDP growth forecast for FY27 revised to 6.4%, up from 6.2%.
Growth is likely to slow to 6.4% in the subsequent two fiscal years.
Revision follows an earlier update by India's National Statistics Office.
India's growth is seen as a major contributor to global economic trends.

India World Business

Sources

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.

IMF raises India's growth forecast to 7.3% in FY26; sees steady global growth

Key Highlights

Sources

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