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ADB raises India’s growth forecast to 7.2% for FY26
Business Standard
|December 11, 2025
The Asian Development Bank (ADB) on Wednesday raised India’s growth forecast for the financial year 2026 (FY26) by 70 basis points to 7.2 per cent, citing consumption boost driven by recent tax cuts.
However, its growth projection for FY27 remained unchanged at 6.5 per cent.
The upward revision by the Manila-based lender comes on the heels of India reporting an impressive 8.2 per cent GDP growth in the second quarter of FY26 (Q2FY26), the fastest in six quarters.
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