The International Monetary Fund (IMF) has raised India’s GDP growth forecast for FY2025-26 to 6.6%. The latest revision in its World Economic Outlook reflects India’s strong resilience amid a global slowdown. This upgrade follows robust Q1 performance driven by private consumption and services sector growth.

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• IMF ups India’s FY26 growth forecast to 6.6%, from 6.4% in July

• Marks a 20-basis-point upward revision in the World Economic Outlook report

• India remains fastest-growing major economy amid global slowdown

• Global growth expected to moderate from 3.3% (2024) → 3.2% (2025) → 3.1% (2026)

• India’s Q1 FY26 GDP growth hit a five-quarter high of 7.8%

• Strong private consumption and services growth drove momentum

• Growth resilient despite higher US tariff rates on Indian imports since July

• IMF cites India as a key global growth engine amid weak global demand

• Domestic reforms and robust investment climate boosting economic stability

• Outlook shows India’s policy focus on sustainable, inclusive gro