India's Chief Economic Adviser V Anantha Nageswaran reaffirmed the government's fiscal 2026 growth outlook at 6.3–6.8%, citing resilient private consumption and strong services exports as key drivers.
Despite global headwinds, India's economy remains robust, but there are concerns about financial market volatility affecting growth outlook.
Multiple agencies project India's growth to be in the range of 6.3–6.7% in FY26, with a potential pickup in urban consumption aiding the economy to reach the upper end of the projected growth band.
Factors like high-frequency indicators, positive monsoon forecast, and growth-friendly monetary policy reinforce confidence in India's economic momentum, although diverging central bank rate paths globally may impact capital flows and financial markets.