At a time when the world economy is wrestling with uncertainties—from trade wars to geopolitical tensions—India continues to stand tall with its growth story. The Asian Development Bank (ADB), in its latest Asian Development Outlook (September 2025), has kept India’s GDP growth forecast steady at 6.5% for FY2025, signaling confidence in the country’s economic resilience.
But the road ahead isn’t without bumps. While the FY2025 projection remains unchanged from ADB’s July estimates, the outlook for FY2026 has been revised slightly downward—from 6.7% to 6.5%. The reason? A fresh wave of US tariffs on Indian exports, which threatens to slow momentum in the manufacturing sector.
Domestic Strength, Global Uncertainty
Despite these external shocks, ADB believes India’s growth engine will keep humming, largely powered by domestic consumption and services exports. “The…
