India’s growth outlook remains buoyant, with both global and domestic institutions upgrading their assessments for the current financial year on the back of strong economic fundamentals, the government said on Tuesday. The Reserve Bank of India has revised its GDP growth projection for FY26 upward from 6.8% to 7.3%. International agencies have echoed similar optimism, the government added. “Together, sustained international confidence along with robust domestic demand, falling unemployment, and easing inflation, position the country well to advance steadily towards its 2047 development goals,” the statement read. Describing 2025 as a defining year for India’s growth trajectory, the government said the country is among the world’s fastest-growing major economies and is well positioned to sustain this momentum.