IMF predicts drop in India’s GDP growth at 6.4% from its estimate of 7.3% for 2025-26
“Growth is projected to moderate to 6.4% in 2026 and 2027 as cyclical and temporary factors wane,” the IMF said in an update to its World Economic Outlook report.
“Growth is projected to moderate to 6.4% in 2026 and 2027 as cyclical and temporary factors wane,” the IMF said in an update to its World Economic Outlook report.
He expressed confidence that India would continue this momentum for at least the next two decades.
He made the announcement while inaugurating the Nongkharai Presbyterian Higher Secondary School at Umsohpieng, an event attended by government officials, community leaders, students, and other dignitaries.
The consumer demand will lead to a pickup in investment across sectors such as construction, hospitality and infrastructure including railways and aviation.
Addressing the BRICS Business Forum, Modi said India was expecting 7.5 percent growth this year, making it the fastest-growing economy.