Goldman Sachs raises India GDP forecast to 6.9%
after close1 source ↓written by the desknot a recommendation
- YoY
- 6.9%
- lowering tariffs
- 18%
- than the previous
- 20 percentage points lower
- than the previous
- 34%
- for 2026
- 0.8% of GDP
Goldman Sachs has upgraded India’s GDP growth forecast for 2026 to 6.9% YoY, reflecting the impact of the US lowering tariffs to 18%. The effective tariff rate on Indian imports is now estimated to be 20 percentage points lower than the previous 34%. Additionally, the current account deficit estimate has been reduced to 0.8% of GDP for 2026, indicating improved trade conditions.
Not investment advice. For informational purposes only.