Synopsis: India’s real GDP growth is projected to range between 6.4% and 6.7% in FY26, according to the Confederation of Indian Industry (CII), reinforcing the country's standing as the fastest-growing major economy. CII emphasizes reforms, innovation, and disinvestment to boost competitiveness and resilience amid global uncertainty.
India’s economic trajectory continues to shine amid global uncertainty, with the Confederation of Indian Industry (CII) projecting real GDP growth in the range of 6.4% to 6.7% for FY26. This robust estimate cements India’s position as the fastest-growing major economy globally, even as other nations grapple with economic and political turbulence.
Speaking at a CII event in the national capital, CII President Rajiv Memani highlighted that India’s internal economic momentum remains strong and capable of withstanding external shocks. "In a fractured global economy, India is a bright spot. But competitiveness is our passport to prosperity—and it must be earned," he said.
Key Highlights from CII’s Vision for FY26:
- Reforms, innovation, and trust are vital for India to sustain growth and global relevance.
- Strategic disinvestment of 10% from public sector enterprise market capitalisation (~?5 lakh crore) proposed to boost public capex, reduce debt, and create a Sovereign Wealth Fund.
- A Capital Support Scheme is recommended for MSMEs focused on R&D, employment, and tech adoption.
- A Taskforce on Land Availability is proposed to reduce costs and enhance manufacturing competitiveness.
- Sector-specific strategies are needed to achieve India’s green energy goals, with CII launching a Mission on Energy Transition.
Memani stressed that India must act decisively to leverage this economic momentum. “It is our moment. We must anchor growth in scale, productivity, innovation, and resilience,” he noted.
With a growing focus on disinvestment, green energy, and public-private cooperation, CII’s roadmap aims to not only boost growth but also ensure sustainable development, positioning India for long-term global leadership.
Disclaimer: This article is based on official statements and reports from the Confederation of Indian Industry (CII). For investment or policy decisions, readers are advised to consult official government sources or financial experts.
