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ICRA projects India's GDP growth at 6.7% for Q1 2026, higher than RBI's forecast, citing monetary easing and reforms.
Credit rating agency ICRA projects India's GDP growth at 6.7% for the first quarter of fiscal year 2026, surpassing the RBI's forecast of 6.5%.
The gross value added (GVA) is expected to grow by 6.4%.
ICRA attributes this growth to improved monetary easing, upcoming GST reforms, and increased government spending.
Services GVA is predicted to reach an eight-quarter high of 8.3%, while industrial growth is expected to slow to 4.0%.
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ICRA proyecta el crecimiento del PIB de la India en un 6.7% para el primer trimestre de 2026, superior al pronóstico del RBI, citando la flexibilización monetaria y las reformas.