IMF has raised the GDP growth forecast for India (File image) Show Quick Read Summary is AI Generated. Newsroom Reviewed

India's GDP is projected to grow by 6.6% in fiscal year 2026 and 6.2% in fiscal 2027, according to the latest estimates released by the International Monetary Fund on Tuesday.

The IMF forecast for FY26, released as part of the agency's 'World Economic Outlook', marks a 0.2-percentage-point upward revision as compared to its previous projection released in July.

The FY27 growth forecast for India, however, marks a 0.2-percentage-point downwards revision as compared to the earlier projection.

The upward revision for FY26 is attributed to a carryover from a strong first quarter, more than offsetting the increase in the effective US tariff rate on imports from India

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