India's GDP Forecast and Base Year Revision
Analysis based on 7 articles · First reported Feb 27, 2026 · Last updated Feb 27, 2026
The positive GDP growth forecast for India, coupled with the revision of its national accounts base year, is expected to boost investor confidence in the Indian economy. This development could lead to increased foreign investment and a more favorable outlook for Indian equities, as India continues its economic turnaround.
India's India===Ministry of Statistics and Programme Implementation (MoSPI) has estimated the nation's real GDP to grow by 7.6% in the financial year 2025-26, with nominal GDP pegged at 8.6%. This robust growth is primarily driven by strong performance in the second and third quarters, with the manufacturing sector showing double-digit growth. MoSPI also released a new series of Annual and Quarterly National Accounts Estimates with a base year of 2022-23, replacing the previous 2011-12 series. This revision aligns with international best practices and addresses concerns raised by the International Monetary Fund (IMF) in late 2025 regarding outdated data. India has significantly improved its economic standing, moving from being the 11th largest economy in 2013-14 to the fourth-largest, and shedding its 'Fragile 5' label coined by a Morgan Stanley analyst.
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