RBI, World Bank, IMF, More: Check India's GDP Growth Forecast For FY26 & FY27

India's gross domestic product (GDP) continues to hold the title of the fastest-growing economy in the world. Recently, major monetary fund bodies have increased their target on India's GDP growth for financial year 2025-26. From RBI, IMF, and the World Bank to even Fitch, all of them are predicting India to continue on its resilient growth trajectory. At the latest, India's GDP accelerated to 7.8% for the April to June 2025 quarter, making it the sharpest growth in five quarters.

RBI:

-The central bank projects higher GDP growth unlike IMF and World Bank.

-RBI has forecasted 6.8% GDP growth for FY26, up by 30 bps from its earlier forecast of 6.5%.

-Growth is estimated at 6.6% for FY27.

Finance Ministry:

-Real GDP has been estimated to grow by 7.8% in Q1 of FY 2025-26 over the growth rate of 6.5% during Q1 of FY 2024-25.

-As per the Economic Survey 2025, India's GDP is seen to expand within the 6.3%-6.8% band in FY26.

-India is on track to become the third-largest by 2030 with a projected $7.3 trillion GDP.

IMF:

-Hikes GDP Growth Forecast By 20 Bps To 6.6% For FY 2025-26 From 6.4% Target Previously.

-But Projects Slower Growth Of 6.2% For 2026-27 Fiscal Year.

World Bank:

-Raises GDP growth estimate by 30 Bps to 6.5% for FY26 from earlier target of 6.3%.

-Just like IMF, World Bank lower growth projection to 6.3% for FY27.

Fitch:

-Predicts 6.9% growth in India's GDP for FY26 higher from previous target of 6.5%.

-It estimates 6.3% growth for FY27.