The Indian economy will grow between 6.7 and 6.9 per cent in the current fiscal year, driven by robust domestic demand and structural policy reforms, projected Deloitte India. The 'India Economic Outlook' forecasts an average growth of 6.8 per cent, up 0.3 percentage points from earlier estimates. This aligns with the Reserve Bank of India's projection of 6.8 per cent GDP growth for FY26. Advertisement
Deloitte notes India's resilience amid global uncertainties, but cautions that growth remains exposed to risks like escalating trade tensions, restricted access to critical minerals, and inflationary pressures from Western economies.
The April-June quarter saw 7.8 per cent growth, reflecting continued momentum. Deloitte attributes this positive outlook to buoyant domestic demand, accommod