Mumbai, Oct 01: RBI has increased India’s GDP growth forecast for 2025-26 to 6.8% from 6.5%, attributing this to growth-inducing reforms like GST streamlining.
Q1:2025-26 saw GDP growth of 7.8%, driven by strong private consumption and investment. Manufacturing and services revival contributed to a GVA increase of 7.6%.
Future projections for GDP growth are 7.0% in Q2, 6.4% in Q3, and 6.2% in Q4. Despite resilient performance, uncertainty due to inflation, market volatility, and geopolitical tensions poses risks. However, positive agriculture prospects and robust services are expected to bolster demand.
