IMF to Upgrade India's Growth Outlook Amid Strong Economic Momentum

• The International Monetary Fund (IMF) is set to upgrade India’s economic growth outlook later this month.
• IMF spokesperson Julie Kozack highlighted India's recent economic performance, noting it has surprised on the upside.
• India is reaffirmed as a key growth engine for the world economy, especially as other countries face slowing growth.
• The IMF's latest Article IV report projected India's FY25-26 growth at 6.6%, driven by strong domestic consumption.
• Economists attribute India's resilience to household spending, infrastructure push, digital expansion, and 'Make in India'.

Why It Matters: IMF is likely to upgrade India's growth forecast, recognizing its robust economic performance and global importance.