The Asian Development Bank (ADB) has raised India’s growth forecast for FY27 to 6.9 percent from 6.5 percent, citing resilient consumption, supportive policy measures and recent trade agreements despite a challenging global environment.
In its latest outlook released on April 10, the Manila-based lender said India’s economy is expected to remain strong at 6.9 percent in FY26 before accelerating to 7.3 percent in FY27.
Rising consumption and investment will drive growth in FY2026, supported by favourable policies and structural reforms, while a more benign external environment compared to FY2025 will bolster exports,” ADB said.
