The International Monetary Fund (IMF) projects India’s economy to grow at 6.4% in both financial year 2025-26 and 2026-27, according to its World Economic Outlook Update released in July 2025. These projections represent a slight upward revision, 20 basis points for FY26 and 10 basis points for FY27, from the April 2025 forecast and reflect a more favourable external environment.