The World Bank has revised India’s GDP growth forecast for FY26 upward to 6.5% from the previous 6.3%, citing stronger-than-expected domestic consumption and better performance in agriculture and rural wages.
However, the outlook for FY27 has been cut to 6.3%, reflecting the impact of high tariffs imposed by the United States on Indian exports.
In its latest South Asia Development Update, the World Bank highlighted that South Asia’s overall growth is expected to slow to 5.8%
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