New Delhi, Sept 30: Asian Development Bank (ADB) forecasts India’s growth at 6.5% for both 2025 and 2026, while revising down growth outlooks for developing Asia due to a new global trade environment marked by tariffs.
India’s GDP increased by 7.6% in H1 2025, fueled by strong public investment, despite lower net exports and consumption. Manufacturing and construction reported improvements, alleviating declines in other sectors. Inflation is easing, currently at 2.07%, with food prices down for three consecutive months.
The ADB emphasizes the need for solid macroeconomic management and regional integration in light of elevated trade uncertainties.