India’s economy to grow 7.4% in 2025-26
India’s economy is projected to grow at 7.4% in real terms for the fiscal year 2025-26 (April 2025 to March 2026), according to preliminary estimates from the Ministry of Statistics and Programme Implementation (MOSPI).
This marks an acceleration from the 6.5% growth recorded in FY 2024-25, positioning India as the fastest-growing major economy in the G20 despite global headwinds like US tariffs and fluctuating oil imports.
Robust domestic demand, stable private consumption, and public capital spending underpin this outlook, with recent quarterly data showing 7.8% growth in Q1 FY26.
While MOSPI pegs it at 7.4%, other projections differ: Economic Survey at 6.3-6.8%, ADB at 7.2%, RBI at 7.3%, World Bank at 6.7%, and OECD at 6.3%.
