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ADB lowers India's 2025-26 GDP growth forecast to 6.5% due to higher US tariffs and trade uncertainties.
The Asian Development Bank (ADB) has lowered India's GDP growth forecast for fiscal year 2025-26 to 6.5%, down from 6.7%, citing higher US tariffs and trade uncertainties.
Despite this revision, India remains one of the fastest-growing major economies, with services and agriculture expected to drive growth, supported by strong domestic demand and above-normal monsoon rains.
India Ratings and Research also cut its forecast to 6.3%, citing global uncertainties and a weak investment climate.
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El BAD reduce el pronóstico de crecimiento del PIB de la India para 2025-26 al 6,5% debido al aumento de los aranceles estadounidenses y a las incertidumbres comerciales.