India's Economy to Hit 7.4% Growth in FY26, Forecast Revised

• India's GDP growth for FY26 is now projected at 7.4%, a slight revision from the previous 7.5% estimate.
• Nominal GDP growth for FY26 is estimated at 8%, down from the earlier 8.3% projection.
• Agriculture and mining sectors show sluggishness, with agriculture growth falling to 3.1% and mining to -0.7%.
• Manufacturing is set for a strong recovery, projected to grow at 7%, up from 4.5%.
• Services sectors like trade, hotel, financial, real estate, and public administration are expected to show robust growth.

Why It Matters: India's FY26 economic outlook shows robust real GDP growth, driven by manufacturing and services.