CEA sticks to 6.3-6.8% FY26 growth projection

Nageswaran stresses need to spur FDI inflows

- FE BUREAU

BUOYED BY A resilient 6.5% gross domestic product (GDP) growth in FY25 despite global headwinds, chief economic adviser Anantha Nageswaran on Friday said the government has retained its forecast of 6.3-6.8% growth for the current financial year.

Private consumption, especially the rural rebound, and resilient services exports are seen to be key growth drivers in the current year.

Multiple agencies have projected India's growth to be in the range of 6.3-6.7% in FY26.

He said high-frequency indicators for April show strong industrial and commercial activity.