Overview
- Deloitte raised its FY26 GDP forecast by 0.3 percentage points to a 6.7%–6.9% range, averaging 6.8%, after a 7.8% expansion in April–June.
- The projection aligns with the RBI’s 6.8% view, while the IMF’s latest Asia outlook places India at 6.6% this year.
- Deloitte cites buoyant domestic demand, accommodative policy and reforms such as GST 2.0, with festive consumption and private investment expected to support momentum.
- Risks flagged include escalating trade frictions, limited access to critical minerals and overseas price pressures that could keep core inflation elevated and limit rate-cut scope.
- Deloitte highlights MSME empowerment as a policy priority to sustain employment, exports and investment through volatile global conditions.