India's Economy Defies Trump Tariff Fears, Surges Past Predictions

• India's GDP growth defied expert predictions of a slowdown due to Trump tariffs, with official estimates revising RBI's projection to 7.4%.
• The economy grew 8.2% in July-September, driven by strong manufacturing and services sectors, indicating broad-based and real growth.
• Government measures, RBI rate cuts, GST reforms, and increased spending helped counter the predicted impact of 25% tariffs.
• Manufacturing, services, trade, hotels, and transport sectors showed robust expansion, alongside a projected 7.8% rise in private investment.
• Economists like Jahnavi Prabhakar attribute resilience to festive demand, trade deals with UK, Oman, New Zealand, and tax cuts.

Why It Matters: India's economy proved resilient against Trump tariffs, achieving strong, broad-based growth driven by domestic factors.