+
ADB Upgrades India's Growth Forecast to 7%
ECONOMY & POLICY

ADB Upgrades India's Growth Forecast to 7%

The Asian Development Bank (ADB) has revised India's growth forecast for fiscal year 2025 to 7%. Additionally, for fiscal year 2026, the growth projection stands at 7.2%. This upward revision reflects the bank's optimism about India's economic recovery and growth trajectory in the coming years.

The ADB's upgraded growth forecast underscores confidence in India's ability to rebound from the economic challenges posed by the COVID-19 pandemic. The revised projections signal positive momentum and resilience in India's economy, driven by factors such as robust domestic demand, policy support measures, and ongoing structural reforms.

The higher growth forecasts for FY25 and FY26 suggest that India is on track to regain its growth momentum and emerge as one of the fastest-growing major economies in the world. The ADB's outlook bodes well for India's efforts to accelerate economic recovery and achieve sustainable growth in the post-pandemic era.

The upward revision in growth forecasts by the ADB reflects a positive assessment of India's economic prospects and policy direction. It underscores the effectiveness of the government's initiatives aimed at reviving growth, promoting investment, and fostering inclusive development.

As India navigates the path to recovery, the ADB's upgraded growth forecasts provide a boost to investor confidence and reinforce optimism about the country's economic resilience. The revised projections underscore the importance of continued policy support and structural reforms to sustain the momentum of India's economic recovery and achieve long-term growth objectives.

The Asian Development Bank (ADB) has revised India's growth forecast for fiscal year 2025 to 7%. Additionally, for fiscal year 2026, the growth projection stands at 7.2%. This upward revision reflects the bank's optimism about India's economic recovery and growth trajectory in the coming years. The ADB's upgraded growth forecast underscores confidence in India's ability to rebound from the economic challenges posed by the COVID-19 pandemic. The revised projections signal positive momentum and resilience in India's economy, driven by factors such as robust domestic demand, policy support measures, and ongoing structural reforms. The higher growth forecasts for FY25 and FY26 suggest that India is on track to regain its growth momentum and emerge as one of the fastest-growing major economies in the world. The ADB's outlook bodes well for India's efforts to accelerate economic recovery and achieve sustainable growth in the post-pandemic era. The upward revision in growth forecasts by the ADB reflects a positive assessment of India's economic prospects and policy direction. It underscores the effectiveness of the government's initiatives aimed at reviving growth, promoting investment, and fostering inclusive development. As India navigates the path to recovery, the ADB's upgraded growth forecasts provide a boost to investor confidence and reinforce optimism about the country's economic resilience. The revised projections underscore the importance of continued policy support and structural reforms to sustain the momentum of India's economic recovery and achieve long-term growth objectives.

Next Story
Building Material

Viva ACP Launches Experience Centre in Nashik

Viva ACP, one of Asia’s leading manufacturers of Metal Composite Panels (MCP), has unveiled a new state-of-the-art Experience Centre in Nashik. Situated at Plot No. 10, Kathe Industrial Estate, Tigrania Road, Dwarka, the centre aims to make Viva’s premium cladding solutions more accessible to architects, developers, and design professionals in Western India. The centre was formally inaugurated by Prakash Jain, Chairman and Managing Director, Viva Composite Panel, along with Nitin Jain and Mayank Jain, Directors at the company. Conceptualised as an interactive and immersive space,..

Next Story
Technology

Hikrobot Launches HDMI Video Micro System in India

India, July 2025: Hikrobot has introduced its HDMI Video Micro System in the Indian market, offering a plug-and-play imaging solution that combines 2K high-definition clarity, real-time streaming, and portability. The system is designed for professionals in sectors such as industrial inspection, medical research, forensic science, education, and precision manufacturing. Unlike traditional imaging setups that require external PCs and complex software, the Hikrobot HDMI Video Micro System provides direct output to an HDMI display, eliminating setup complications and improving usability.&nbs..

Next Story
Real Estate

Stone Wood Hotels Appoints Shishir Kumar Jena as CFO

Stone Wood Hotels & Resorts has announced the appointment of Shishir Kumar Jena as Chief Financial Officer. This key leadership move aligns with the boutique hospitality group’s ongoing national expansion. Shishir Kumar Jena brings over 32 years of experience in hospitality finance, having held senior positions with renowned brands such as Acron, Radisson, and Fortune Inn Exotica. His expertise spans financial strategy, operational efficiency, revenue optimisation, and aligning financial performance with guest satisfaction. Throughout his career, Jena has maintained a consisten..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?