Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 14 October 2025: The International Monetary Fund (IMF) has revised India's GDP growth forecast for the current fiscal year upward to 6.6%, up from its earlier estimate of 6.4%.
This positive revision reflects strong economic growth that offset the negative impact of US tariffs on Indian shipments.
However, in its latest World Economic Outlook (WEO), the IMF also lowered the growth projection for 2026-27 by 20 basis points to 6.2%.
The report notes that, compared to the July WEO update, the upward revision for 2025 is driven by a robust first quarter, which more than offset the increased US tariffs on Indian imports since July, while the outlook for 2026 has been revised downward.