Goldman Sachs Ups India's CY26 GDP Growth to 6.9% After US Tariff Cut
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News18•03-02-2026, 15:15
Goldman Sachs Ups India's CY26 GDP Growth to 6.9% After US Tariff Cut
- •Goldman Sachs has upgraded India's CY26 GDP growth forecast to 6.9% following a US-India trade deal.
- •The US has reduced reciprocal tariffs on Indian goods imports to 18% from 25%, effective immediately.
- •This tariff reduction is expected to boost India's GDP by approximately 0.2 percentage points (annualized).
- •The deal aims to reduce trade-policy uncertainty, potentially improving private investment and capital flows.
- •Goldman Sachs anticipates a narrowing of India's current account deficit to 0.8% of GDP in CY26 due to eased trade tensions.
Why It Matters: Goldman Sachs revised India's CY26 GDP growth to 6.9% due to US tariff cuts, boosting trade and investment.
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