Overview
- Rajiv Memani said India needs an average 10% annual nominal GDP growth to achieve its Viksit Bharat goals by 2047
- The industry body projects real GDP growth of 6.4–6.7% for the current fiscal year on the back of robust domestic demand
- The Reserve Bank of India has maintained its 6.5% growth forecast for FY26, citing strong macroeconomic fundamentals
- The interim trade pact with the United States is expected to remove policy uncertainty and open larger export markets for Indian companies
- Industry leaders anticipate the agreement will pave the way for technology transfers and new joint ventures