Indian economy to grow 6.6% in FY26: Ind-Ra

New Delhi :

India Ratings and Research (Ind-Ra) on Wednesday projected the Indian economy to grow at 6.6 per cent in 2025-26, up from 6.4 per cent in the current fiscal year.

Ind-Ra believes investments will be a key growth driver for the Indian economy in FY26, like in FY22 and FY24. The Indian economy has experienced a cyclical growth slowdown in the past three quarters, which it expects to reverse from the December quarter.

The GDP growth till FY24 was impacted by the aftereffects of Covid. 

While June quarter GDP growth of FY25 was impacted by the combination of a strong base effect and the general elections in May 2024, the growth in the July-September period witnessed the extended impact of weak private sector capex.