ADB Raises India's GDP Growth Forecast to 7% for FY27 in ADO September 2026

26 September 2026National

The Asian Development Bank (ADB) released the Asian Development Outlook (ADO) September 2026: Navigating Prolonged Energy Shocks and El Nino, raising India's GDP growth forecast by 40 basis points to 7% for FY27 from 6.6%. ADB credited a stronger-than-expected Q1 FY27 (April-June 2026), robust investment, resilient consumption and solid manufacturing and services growth despite the West Asia crisis. FY28 growth was trimmed to 7.1% from 7.3% on the higher base. India's FY27 inflation projection was cut to 5% from 5.2%, with FY28 retained at 4%. Developing Asia and the Pacific is projected to grow 5% in CY26 and 5.1% in CY27.

Static GK

ADB was established in 1966 and is headquartered in Manila, Philippines | ADB has 69 members, 50 of them from Asia and the Pacific | India is a founding member of ADB

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