India’s Top Adviser Sees Growth Beating Forecast After US Deal

India’s economy could grow even faster than the government’s earlier forecast after the US substantially lowered tariffs on Indian goods, the country’s chief economic adviser said.

“We are looking at probably something close to this year’s growth estimate of 7.4%,” V. Anantha Nageswaran said in an interview Tuesday with Bloomberg Television’s Haslinda Amin. “That could be my first guess but I need to go back to my spreadsheets,” he said, noting the tariff announcement came late Monday. He had forecast 6.8% to 7.2% growth in the economic survey released last week.