India Forecasts Over 7% Growth Next Year Despite Trade Risks

India’s government predicted the economy could expand more than 7% in the coming financial year, offering an optimistic outlook at a time of heightened uncertainty for global trade.

The South Asian economy is projected to grow 6.8% to 7.2% in the fiscal year starting in April, according to the Economic Survey for 2025-26 released by the Ministry of Finance on Thursday, offering a more bullish outlook than market consensus. For the current financial year, the government estimates the economy will expand 7.4%, driven by consumption and investment.