IMF Affirms India’s Economic Strength Despite Trump's Tariffs
The IMF raised India’s GDP forecast to 6.4% for both 2025 and 2026, marking it as the fastest-growing major economy
IMF also revised up global growth projections to 3.0% for 2025 and 3.1% for 2026, citing lower-than-expected tariff impacts
Despite US tariffs reaching 50%, India’s robust domestic demand and diverse economy have maintained economic stability
Union Minister Piyush Goyal highlighted India’s growth rate while contrasting with the comparatively low US GDP estimate of 2.0%, saying, “India’s economy is THRIVING”
RBI Governor confirmed India’s vital role in global growth—accounting for 18%, surpassing the US's contribution of 11%
Leaders like Hardeep Singh Puri used IMF data to counter global criticism, calling the Indian economy “strong, steady, and resilient”
Taken together, these indicators suggest that India’s macroeconomic fundamentals remain strong—outpacing global peers and withstanding external pressures