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Business
IMF Projects India at 7% Growth, Fastest Among Major Economies for 2026-27
✍️ NDTV
🗓 13 Oct 2026, 08:47 AM
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The International Monetary Fund has forecast that India's economy will grow at 7% in 2026 and 2027, keeping it the fastest‑growing major economy worldwide.
In its latest World Economic Outlook, the International Monetary Fund (IMF) projected that India’s gross domestic product will expand at an average annual rate of 7% in 2026 and 2027.
The forecast places India at the top of the list of major economies, outpacing peers such as the United States, China and the European Union.
The growth outlook reflects a combination of domestic reforms, increased investment and resilient consumer demand, according to the IMF’s analysis.
The IMF noted that India’s growth trajectory has remained robust since the pandemic, with the 7% expansion forecast for the next two years reaffirming its status as a key driver of global economic activity.
The forecast places India at the top of the list of major economies, outpacing peers such as the United States, China and the European Union.
The growth outlook reflects a combination of domestic reforms, increased investment and resilient consumer demand, according to the IMF’s analysis.
The IMF noted that India’s growth trajectory has remained robust since the pandemic, with the 7% expansion forecast for the next two years reaffirming its status as a key driver of global economic activity.