India’s GDP projected to grow 6.5% in FY26, 6.3% in FY25: ICRA

India’s GDP is projected to grow by 6.5 per cent in FY26, with recovery in domestic consumption and investment even as goods exports face challenges, according to ICRA, which expects the GDP to grow by 6.3 per cent in FY25. Rural demand is expected to remain upbeat in FY26. ICRA expects external demand to remain subdued in FY26, and this is likely to adversely impact merchandise exports in FY26.

Mar 10, 2025 - 08:16

India’s GDP projected to grow 6.5% in FY26, 6.3% in FY25: ICRA

India’s GDP is projected to grow by 6.5 per cent in FY26, with recovery in domestic consumption and investment even as goods exports face challenges, according to ICRA, which expects the GDP to grow by 6.3 per cent in FY25. Rural demand is expected to remain upbeat in FY26. ICRA expects external demand to remain subdued in FY26, and this is likely to adversely impact merchandise exports in FY26.