ADB lifts India FY27 growth forecast to 7.3% on reforms, trade deals
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The Asian Development Bank has upgraded its forecast for India's GDP growth in FY2026-27 to 7.3%, citing robust domestic reforms and new trade agreements. The bank expects India to remain one of the fastest-growing major economies, supported by strong private consumption and public infrastructure spending.
The Asian Development Bank has upgraded its forecast for India's GDP growth. The new forecast is 7.3% for FY2026-27, up from 6.5% in December 2025. Strong domestic demand and new trade agreements are key drivers. The bank expects India to remain one of the fastest-growing major economies. Private consumption and public infrastructure spending will support growth. However, risks from West Asia tensions and inflation pressures remain.
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