New Delhi, Sep 30 (IANS) The Asian Development Bank (ADB) on Tuesday projected India’s growth at 6.5 per cent for 2025 (FY26) and 2026 (FY27), as it trimmed its growth outlook for developing Asia and the Pacific by 0.1 and 0.2 percentage points for this year and next, respectively, amid the emergence of a new global trade environment shaped by tariffs and updated trade agreements.

India’s GDP grew 7.6 per cent in H1 2025, as higher investment from strong public capital spending, offsets lower net exports and consumption despite firm rural demand, ADB said in a statement.

“Industrial growth likewise improved in India, with manufacturing and construction performing well, offsetting declines in mining and utilities,” the report mentioned.

Manufacturing conditions strengthened in India and

See Full Page