India’s GDP Growth In FY25-26: The Indian economy is likely to grow at 7.4 per cent in the current financial year (FY2025-26) as compared to 6.5 per cent in the previous fiscal (FY24- 25), the government data showed recently.
The government prediction underscores the resilience of India, which is Asia’s third-largest economy and recently surpassed Japan to become the world’s fourth-largest economy, despite a slowdown in the growth of global economies as financial situations remain tight amid US tariff concerns and uncertain geopolitical conditions.
This estimate is higher than the Reserve Bank of India’s earlier prediction of 7.3 per cent and significantly higher than last year’s growth rate of 6.5 per cent.
According to estimates, nominal GDP, which includes inflation, is expected to grow by 8 per cent in the current fiscal year, compared to 9.7 per cent last year. As per the data, the robust growth prediction is mainly based on the resilient performance of the manufacturing and services sectors.
