Home / Business and Economy / India's Economy Surges Past Projections
India's Economy Surges Past Projections
3 Dec
Summary
- India's Q2FY26 GDP grew by 8.2%, exceeding projections.
- Full-year growth forecast now surpasses 7% for the fiscal year.
- IMF acknowledges India's resilience amid global economic uncertainty.
The Indian economy has showcased impressive resilience, navigating global uncertainties and trade tensions effectively. In the second quarter of the 2025-26 fiscal year, India's Gross Domestic Product (GDP) recorded a robust growth of 8.2 percent.
This strong performance has prompted an upward revision of the full-year growth forecast, which is now anticipated to surpass 7 percent. This figure notably exceeds the International Monetary Fund's earlier projection of 6.6 percent for the fiscal year.
Harald Finger, the IMF's Mission Chief for India, highlighted this economic strength in a recent interaction, emphasizing India's capacity to withstand external pressures and maintain a positive growth trajectory.
