Bihar Conclave 2025

Domestic Demand

Fitch Ratings has upgraded India’s GDP growth forecast for FY26 to 6.9% from 6.5%, citing domestic demand & supportive financial conditions.

India Inc welcomes the GST Council’s sweeping tax cuts, calling them a game-changer for domestic consumption and industrial growth.

India’s milk production grew 5% in FY25, driven by rising domestic demand, cooperative-led procurement, and government support, says Ind-Ra.

JP Morgan has turned bullish on emerging markets, selecting India, the Philippines, Brazil, Chile, Greece, Poland, and the UAE as top picks.

Morgan Stanley has slightly raised its GDP forecast for India, projecting 6.2% year-on-year growth for FY2026, up from 6.1%.

India offers growth and stability for investors, RBI Governor Sanjay Malhotra said at the US-India Economic Forum in Washington DC.

The Indian economy continues to show resilience despite global economic challenges, as per RBI latest monthly bulletin.

India’s business activity hit a three-month high in November, driven by robust services growth and record job creation, as per HSBC's survey.