India’s economic growth is robust despite turmoil on global financial markets, a top finance ministry official said on Thursday, reiterating the official forecast that the economy would grow by 7.6 percent in the year to March.

“The world is in turmoil,” Economic Affairs Secretary Shaktikanta Das told a news briefing on the economy that will set the stage for the annual budget on Feb. 29.

Das described growth by Asia’s third-largest economy as “robust” an said it was driven by manufacturing.