Goldman sees India growth near 7%

Mumbai: India’s real GDP growth will likely touch 6.9 per cent in 2026 and 6.8 per cent in 2027, and the recent US-India trade deal should add about 0.2 percentage (20 bps) to annual GDP growth, a new report has said. The report from Goldman Sachs Research said, “Our analysts expect an incremental growth boost of 0.2 percentage points of GDP (annualised) with these new tariffs, based on India’s goods exports exposure of roughly 4 per cent of GDP to US final demand.”A combination of policy rate cuts, regulatory relaxation for banks, and a weaker exchange rate eased financial conditions in India, it added.