New Delhi, Oct 24
India’s economy is projected to expand at a healthy pace of 6.6 per cent this year (FY26), up from 6.5 per cent in 2024 (FY25) -- owing to strong Q2 growth and GST 2.0 reforms, the International Monetary Fund (IMF) on Friday said in its latest regional economic outlook report for Asia.
The forecast for India has improved since April 2025 as strong Q2 growth and the goods and services tax (GST) reform are expected to outweigh the negative effects of higher US tariffs on demand for Indian goods.
India’s growth is expected to moderate to 6.2 per cent in 2026, according to the IMF report.