Washington: Broadly keeping its growth forecast for India unchanged, International Monetary Fund (IMF) Tuesday projected that rising from 5.8 percent in 2014, the Asian economy will grow at 6.3 percent in 2015 and 6.5 percent in 2016.

Slower growth in China will impact growth in much of emerging Asia except India where weaker external demand is offset by the boost to the terms of trade from lower oil prices and a pickup in industrial and investment activity after policy reforms, it said.