New Delhi: India’s economic momentum gained further recognition as the International Monetary Fund indicated that it is likely to revise the country’s growth forecast upward following stronger than expected performance in the third quarter. The assessment reinforces India’s position as one of the most important contributors to global economic expansion.
The IMF noted that India’s recent growth data exceeded earlier expectations, reflecting the resilience of its domestic economy. The country’s performance has stood out at a time when many regions continue to face economic uncertainty, making India a crucial source of stability and growth for the global economy.
In its most recent Article IV Staff Report, the IMF had projected India’s growth for the 2025–26 fiscal year at 6.6 percent. This projection was largely supported by robust domestic consumption, which has remained a key pillar of economic activity. Since that assessment, incoming data has shown that growth in the third quarter was stronger than anticipated, prompting expectations of an upward revision.
The IMF indicated that this improved performance increases the likelihood that India’s growth outlook will be raised in the next update of the World Economic Outlook. The revised report, scheduled for release next week, will include updated projections for India as well as other major economies, incorporating the latest economic indicators.
According to the IMF, India continues to play a central role in driving global growth, with its economy demonstrating notable resilience and consistency. The strength of consumer demand, along with sustained economic activity across sectors, has supported this positive trajectory.
The Fund’s overall view of India remains optimistic, emphasizing that the country has emerged as a reliable engine of growth at a time when global economic conditions remain uneven. The upcoming World Economic Outlook update is expected to provide a clearer picture of how recent developments have reshaped the IMF’s projections, both for India and for the broader world economy.
As expectations build around a potential forecast upgrade, India’s strong economic fundamentals continue to draw global attention, underlining its growing influence on the international economic landscape.
