Archive · 1 Oct 2025
India's Economic Growth: Forecasts from Morgan Stanley and ADB
Both Morgan Stanley and the Asian Development Bank (ADB) predict that India's economy will grow by about 6.5% each year.
Morgan Stanley sees the potential for even faster growth if India boosts its exports.
To achieve this, they suggest improving infrastructure and training the workforce.
The ADB's forecast also reflects a changing global trade environment.
Both reports indicate a large number of new workers will enter the job market soon.
AI may reduce some job growth in the IT services sector.
Morgan Stanley projects a 6.5% annual growth rate for India over the next decade.
ADB forecasts 6.5% growth for India in 2025 and 2026.
Morgan Stanley believes India has significant room to grow its export sector.
The reports highlight the need for infrastructure improvements and workforce skill development.
Approximately 84 million people are expected to enter the workforce in the coming decade.
- Who
- Morgan Stanley and Asian Development Bank (ADB)
- What
- Projected India's GDP growth rate.
- When
- For the next decade (Morgan Stanley) and for FY26 and FY27 (ADB)
- Where
- India
- Why
- To assess India's economic growth prospects.
Morgan Stanley
Previous Estimates
GDP Growth Rate
Morgan Stanley
Estimates India to grow at 6.5% for the next decade
Previous Estimates
Earlier estimates of 6% have been revised
- Morgan Stanley Growth Prediction (Next Decade)
- 6.5%
- ADB Growth Projection (FY26 & FY27)
- 6.5%
- India's Export Market Share
- 1.8%
- Workers expected to join workforce (next decade)
- 84 million
Sources
India must grow twice as fast to avoid jobs trap, Morgan Stanley warns
India needs to grow at 12.2% to address job crisis; ADB projects 6.5% growth rate for FY26
‘India needs 12%+ GDP growth to solve jobs problem, address underemployment’
Does India need 12% growth rate to avoid unemployment crisis? Here's what Morgan Stanley warns
Can India’s Economy Grow Quickly Enough To Stop Youth Unemployment? Here's What Morgan Stanley Suggests
Morgan Stanley predicts India’s growth at 6.5% for next decade
