ICRA Predicts 6.2% GDP Growth for India in FY26:
ICRA has projected India’s real GDP growth for FY2025–26 to dip slightly to 6.2%, down from 6.5% in FY2024–25, citing a slowdown in merchandise exports and continued uncertainty in global trade dynamics. However, strong rural demand, supportive fiscal measures, and higher capital expenditure are expected to sustain economic momentum despite headwinds.The ICRA forecast, released on June 18, 2025, offers a key insight into India’s evolving macroeconomic scenario for FY26. It draws attention due to A revised GDP growth projection below the previous fiscal Changing dynamics in inflation, fiscal deficit, and external trade, Strong rural resilience amid global slowdown, Implications for budgetary policy and investment planning.
