The International Monetary Fund (IMF) has marginally increased India's growth projections for 2026 and 2027 to 6.5% in both years, despite downgrading its global growth projection to 3.1% in 2026.
The IMF's latest World Economic Outlook (WEO) report comes against the backdrop of the war in West Asia, which has impacted global markets and supply chains.
India has also been affected by the war, with supplies of gas being hit, but the IMF's update reiterates that the country will remain the fastest-growing major economy in the world in both 2026 and 2027.
The report also revised the IMF's estimate of India's growth in 2025 to 7.6%, a full percentage point higher than what it projected in October last year.
India's growth in both the 2026 and 2027 fiscal years is expected to be 6.5%, which will still leave the country well ahead of other major economies.
