India forecasts over 7% growth next year despite trade risks - News Summed Up

India forecasts over 7% growth next year despite trade risks


“The outlook, therefore, is one of steady growth amid global uncertainty, requiring caution, but not pessimism.”With these projections, India’s growth is set to outpace other major economies despite tensions with the US. India has also completed four free trade agreements since May, including a long-awaited deal with the European Union. The International Monetary Fund forecasts 6.2% growth in the coming financial year, if steep tariffs remain in place. The comments come as India has kept dairy and other sensitive farm products out of its recent free trade agreements, reflecting domestic political considerations. By better balancing domestic needs with export opportunities, India’s farm output could support export-led growth and help meet the target, the report said.


Source: The Edge Markets January 29, 2026 08:35 UTC



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