• The growth is driven by robust domestic demand and increased infrastructure spending.

• What? Goldman Sachs’ growth projections for India and the global economy
• Report: Global Economics Analyst: Macro Outlook 2026.
• India’s GDP Forecast: 6.7% in 2026 and 6.8% in 2027.
• Global Growth Forecast: 2.8% in 2026 (vs. consensus of 2.5%).
• Key Drivers for India: Strong domestic demand and public infrastructure spending.

Highlights of Economic Outlook
Drivers of Growth: India’s growth trajectory continues to be supported by strong domestic consumption, sustained public infrastructure spending, and its relatively limited exposure to global trade disruptions compared to export-heavy economies.
Inflation Policy: Inflation is expected to ease by end-2026, enabling central banks in emerging markets to adopt or maintain accommodative policy stances.
Key Risk: A key downside risk is global labour market weakness, where productivity gains are not translating into proportional job creation.
Global Outlook: Global growth is projected at 2.8% in 2026, exceeding the consensus estimate of 2.5%, supported by easing inflation and accommodative financial conditions.
Emerging Markets: Emerging economies are expected to outperform developed peers due to stronger domestic demand and favourable structural trends.
About Goldman Sachs:
Chairman and Chief Executive Officer (CEO)– David Michael (M) Solomon
Headquarters– New York, the United States of America (USA)
Established – 1869