India’s economy is set to grow 6.6% in FY2025–26, outpacing China and defying global slowdown fears, according to the International Monetary Fund’s latest World Economic Outlook.

The IMF’s upgraded forecast signals renewed confidence in India’s economic momentum, driven by strong domestic demand and a rebound in manufacturing and services. The 6.6% projection marks a significant upward revision from April and follows a solid 6.5% expansion in FY2024–25. Advertisement

“The upward revision primarily reflects the carryover effect of a strong start to FY26,” the IMF said, noting that India’s Q1 performance offset the drag from recent US tariff hikes on Indian goods.

In contrast, China is expected to grow 4.8% next fiscal year, underscoring India’s lead among large economies. The IMF attrib

See Full Page