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ADB Cuts India’s FY26 Growth Forecast to 6.5% on U.S. Tariff Impact

Kumari Sonali

ADB Cuts India’s FY26 Growth Forecast to 6.5% on U.S. Tariff Impact:

The Asian Development Bank (ADB) has revised India’s economic growth forecast for FY26 downward to 6.5%, from its earlier estimate of 6.7%. The cut comes in the wake of elevated U.S. tariffs that are expected to hit around 60% of India’s exports to the U.S., dampening growth momentum in the second half of 2025-26 and beyond.The ADB’s latest Asian Development Outlook (September 2025) report also trimmed India’s growth projection for 2026-27 to 6.5% (from 6.8%).

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