The Indian economy demonstrated resilience in FY26 amidst high US tariffs and geopolitical developments, with estimates indicating a robust real Gross Domestic Product (GDP) growth of 7.6%, according to official advance estimates. Upward revisions of growth estimates for FY26 and FY27 by major rating agencies boosted confidence. This performance strengthened India’s position as the fastest-growing major economy globally, driven primarily by strong domestic demand—particularly healthy private consumption and sustained government capital expenditure—and supportive policy measures.