India's economy set to grow over 7% next year, says FICCI
India's economy is expected to grow more than 7% in the 2025-26 financial year, according to FICCI President Anant Goenka.
This upbeat forecast comes as India remains among the world's fastest-growing major economies—even with global uncertainties in play.
Manufacturing and innovation get a push
FICCI wants manufacturing to make up a bigger slice of the economy—aiming for 20-25% of GDP instead of today's 15-17%.
They plan to get there by investing more in research, teaming up with universities, and making it easier for businesses to operate.
The focus is also on greener, more sustainable ways of making things.
Investments and spending are bouncing back
After some tough years, investment and spending are picking up again across India.
Both rural and urban areas are seeing stronger consumption thanks to lower GST rates and supportive policies.
As factories run closer to full capacity, private investment is expected to rise too—helping keep this growth story going.