Asian Development Bank (ADB) raises India’s FY26 growth forecast to 7.2%

Key facts

• Asian Development Bank (ADB) raised India’s growth forecast for FY26 to 7.2 per cent from 6.5 per cent.
• The upgrade for India is 0.7 percentage points.
• ADB forecasts Asia to grow at 5.1 per cent in 2025, higher than its earlier projection of 4.8 per cent.
• The 2025 growth estimate for India has been revised to 7.2 per cent.
• India recorded GDP growth of 8.2 per cent in the second quarter ending September.
• India's GDP growth was 7.8 per cent in the first quarter, taking the growth rate for the first half of the financial year to 8 per cent.
• ADB kept its FY27 forecast unchanged at 6.5 per cent.
• ADB revised the inflation forecast for FY2026 down to 2.6 per cent from 3.1 per cent in September.
• Reserve Bank of India (RBI) increased its GDP growth estimate for the ongoing financial year to 7.3 per cent from 6.8 per cent.
• RBI places real GDP growth for the full year at 7.3 per cent.
• RBI projects Q3 growth at 7 per cent and Q4 at 6.5 per cent.