Asian Development Bank Raises India's Growth Forecast To 7%

In its April edition of the Asian Development Outlook, ADB said India would remain "a major growth engine" in the Asia and Pacific region.

The Asian Development Bank (ADB) on Thursday raised India's GDP growth forecast for the current fiscal to 7 per cent, from 6.7 per cent earlier, saying the robust growth will be driven by public and private sector investment and improvement in consumer demand.

In its April edition of the Asian Development Outlook, ADB said India would remain "a major growth engine" in the Asia and Pacific region.

For the 2025-26 fiscal, ADB has projected India's growth at 7.2 per cent.