India’s GDP Growth Set to Surpass 6.8% in FY26, Says CEA Nageswaran

Even with global challenges, Chief Economic Adviser (CEA) V. Anantha Nageswaran has predicted that India’s GDP will grow at above 6.8% in FY26. Speaking at a recent economic forum, Nageswaran has highlighted the good private investment. And robust domestic demand, resilient manufacturing sector as strong drivers for the country’s ongoing growth momentum. India’s GDP Growth Set to Surpass 6.8% in FY26, Says CEA Nageswaran

India’s GDP Growth Set to Surpass 6.8% in FY26

According to Nageswaran, private capital expenditure – particularly in infrastructure, manufacturing, and services – has been one of the leading factors in driving economic growth in India. “The recovery in private investment is not just cyclical but structural,” he said, indicating that some area reforms through programs like Make in India and Production-Linked Incentives (PLI) or government initiatives to increase business expansion have also played a vital role in making more confidence for increasing its capacity.

Government’s Fiscal Discipline and Growth Balance

The CEA also ratified that although very rigorous measures in fiscal consolidation were being taken by the government on this matter, India is still investing heavily in public infrastructure, crowding in but not crowding out private investment. However, according to him, this particular balance has made India one of the fastest-growing major economies in the world.

Strong Consumption and Service Sector Support

Internally, the consumption demand focus of India’s huge consumer base and the developing service sector continues to drive stability. Consistent or assured demand has been created within segments like IT, real estate, and finance, insulating the economy from transient external shocks like inflationary pressures or slowdown in global trade.

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Outlook for FY26

Geopolitical tensions and monetary tightening are causing headwinds for global economies, but India’s story on growth still sounds optimistic. According to Nageswaran, sustained policy support, demographic strength, and increased private sector contributions will ensure that India continues its positive trajectory at above 6.8% in FY26.