Grant Thornton Bharat Projects India's Economy to Grow 7.3-7.5% This Fiscal Year

• Grant Thornton Bharat estimates India's growth rate at 7.3-7.5% for the current fiscal year and 7% for 2026-27.
• India is set to remain the world's fastest-growing major economy, driven by strong manufacturing and services sectors.
• Rishi Shah of Grant Thornton Bharat notes stable Indian exports despite US tariffs and geopolitical challenges.
• Shah suggests the upcoming Union Budget should focus on ease of doing business and expects the rupee to stabilize around 90 against the USD.
• He also anticipates another 0.25% repo rate cut by RBI, citing stable inflation below the 4-6% target.

Why It Matters: India's economy is projected to be the fastest-growing globally, with potential for further repo rate cuts.