IMF Lowers India's Growth Projection to 6.2% for FY26

The Indian economy is projected to grow at 6.2% in 2025-26, slower than the earlier estimated rate of 6.5%, due to escalated trade tensions and global uncertainty, the International Monetary Fund (IMF) said on Tuesday.

- PTI

"For India, the growth outlook is relatively more stable at 6.2% in 2025, supported by private consumption, particularly in rural areas," IMF said in its World Economic Outlook.

India, which grew at 6.5% in 2024-25, is projected to grow at 6.2% in 2026-27, IMF said, adding that the growth rate is 0.3 percentage point lower than that in the January 2025 WEO update on "account of higher levels of trade tensions and global uncertainty".