IMF Upgrades India’s FY26 GDP Forecast to 6.6%, Outpacing China’s Growth Outlook

IMF lifted India’s FY26 growth estimate to 6.6%, crediting investment momentum and robust domestic demand that keeps the country ahead of China’s projected pace.

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IMF Upgrades India’s FY26 GDP Forecast to 6.6%, Outpacing China’s Growth Outlook

The International Monetary Fund revised India’s FY26 growth projection upward to 6.6%, citing resilient domestic demand, a strong banking sector, and sustained capital expenditure momentum. The forecast places India ahead of China, projected at 4.5%, reinforcing the country’s role as a key global growth engine. IMF analysts attributed the optimism to easing inflation pressures and steady credit expansion. Economists expect the upcoming Union Budget to maintain a balance between fiscal consolidation and infrastructure investment to sustain medium-term momentum amid moderating global demand conditions.
Tags:
  • economy
  • India