India to grow 6.6% in FY26, driven by investments, easing rates: Ind-Ra

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India to grow 6.6% in FY26, driven by investments, easing rates: Ind-Ra - Business Standard

Quick Summary:

While the June quarter GDP growth of FY25 was impacted by the combination of a strong base effect and the general elections in May 2024, the growth in the July-September period witnessed the extended impact of weak private sector capex.

Ind-Ra believes investments will be a key growth driver for the Indian economy in FY26, like in FY22 and FY24.

The Indian economy has experienced a cyclical growth slowdown in the past three quarters, which it expects to reverse from the December quarter.