India, Jan. 29 -- The Indian economy can expand at more than 7% in 2026-27, the government said on Thursday, offering an optimistic outlook for the world's fourth largest economy at a time of heightened uncertainty for global trade.

India is projected to clock a GDP growth rate of 6.8% to 7.2% in the fiscal year starting on 1 April 2026, according to the Economic Survey for 2025-26 released by the Union Ministry of Finance. That's a more bullish outlook than market consensus. For FY26, the government estimates the economy will expand 7.4%, driven by consumption and investment.

"The cumulative impact of policy reforms over recent years appears to have lifted the economy's medium-term growth potential closer to 7%," stated the Economic Su...