What's the story
Deloitte India has projected a robust growth for the Indian economy, estimating a GDP increase of 6.7-6.9% in the current fiscal year. The forecast is based on strong domestic demand and policy reforms such as GST 2.0. This is an improvement over Deloitte's previous estimate by 0.3% points and matches the Reserve Bank of India (RBI) 's projection for FY26 economic growth at 6.8%.
Economic outlook
Consumer spending to rise during festive quarter
Deloitte India's 'India Economic Outlook' report highlights the country's resilience and growth potential. The report predicts a similar GDP growth rate for the next fiscal year, albeit with greater variation due to trade and investment uncertainties. Rumki Majumdar, an economist at Deloitte India, said consumer spending i