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India bets on up to 7.2% growth next year, outpacing most major economies
['Priyanka Salve']
International: Top News And Analysis
Punit Paranjpe | Afp | Getty ImagesIndia has forecasted its economy to grow between 6.8% to 7.2% in the fiscal year 2027, outpacing most major economies.
In contrast, the IMF projects the world economy to grow by 3.3% in 2026, marginally shrinking to 3.2% in 2027.
Since August, Indian exports to the U.S. have been tariffed at over 50%, and while negotiations are ongoing, a deal remains elusive.
But according to the economic survey, India's economic growth has not been hampered by the slowdown in exports to the U.S.
Despite tariff shocks, the finance ministry said India's growth "accelerated" in the current fiscal year due to a slew of structural reforms and policy measures.