Goldman Sachs Revises India's 2026 Economic Forecast Upward to 6.9% Following US Tariff Reduction
Goldman Sachs has issued a significant upward revision to India's economic growth projections for calendar year 2026, elevating the forecast to 6.9% following the recent reduction in US tariffs. This adjustment reflects the investment bank's analytical assessment that the tariff reduction could contribute approximately 0.2 percentage points to India's annualized GDP growth. The revision underscores growing confidence in India's economic trajectory amid evolving global trade dynamics. This development positions India as a key beneficiary of shifting international trade policies, potentially enhancing its export competitiveness and attracting increased foreign investment. The upward revision signals robust economic momentum and reinforces India's status as one of the fastest-growing major economies globally. Market analysts will closely monitor subsequent policy implementations and their broader implications for regional economic stability and global trade patterns.