The growth will average 6.8 per cent in this fiscal—up by 0.3 percentage points from Deloitte's previous forecast.
Similar growth rates are expected in the subsequent fiscal, but the range of variation remains broader due to uncertainties associated with trade and investment.
The economy grew by 7.8 per cent in the April-June quarter of FY26.
The country’s central bank projected FY26 economic growth at 6.8 per cent.
Low inflation will contribute to spending as purchasing power improves, Deloitte was cited as saying by a domestic news agency.
Deloitte said the festive quarter is expected to be followed by strong private investment, as businesses respond to uncertainties and prepare to meet elevated demand.
While the recent policy efforts have focused on boosting domestic consumption, the next frontier lies in empowering the micro, small and medium enterprises sector, which sits at the intersection of employment, income generation, exports and investment, it added.
ALCHEMPro News Desk (DS)
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