Deloitte India has given positive projections regarding India’s economy. According to the report, the country’s GDP growth in the current financial year 2025-26 may remain between 7.5 to 7.8 percent. The main reasons for this have been said to be strong consumption during festivals and better performance of the service sector. However, in the next financial year 2026-27, the pace of growth may slow down slightly to 6.6 to 6.9 percent.
Deloitte said that 2025 has been a year of resilience for India. Domestic demand remained strong and the government made several important reforms in fiscal, monetary and labor policies. These steps provided support to the economy.
India’s real GDP growth was 8 percent
According to the Deloitte report, despite global challenges such as trade disruptions, changes in policies of developed countries and fluctuations in capital markets, India’s real GDP growth in the first half (April-September) of the current financial year stood at 8 percent. This shows that India’s economy remains strong even amidst global pressures.
Rumki Majumdar, economist at Deloitte India, said that India’s strength is no coincidence, but is the result of consistently adopted pro-growth policies. He said that the government took steps like tax exemption, reduction in interest rates and reform in GST to increase demand. The level of inflation also remained under control, due to which the purchasing power of the common people remained intact.
The report also says that in the coming times, the government’s focus will be more on supply-side reforms. This includes strengthening the MSME sector and developing Tier-2 and Tier-3 cities as new growth centres.
Trade deal will strengthen GDP
According to Deloitte, India has made trade deals with countries like UK, New Zealand and Oman and talks are going on with many other countries. This will increase exports and foreign investment will also be encouraged. However, global uncertainties remain, the impact of which may be visible on growth in FY27.
Overall, the Deloitte report indicates that India’s economy is currently in a strong position, but there will be a need for vigilance and reforms in the times to come.