Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investment
Moody's has raised India's GDP growth forecast to seven percent for 2026-27. Strong private consumption and robust investment are driving this optimistic economic outlook. This revised forecast surpasses projections from the IMF and S&P Global Ratings. However, elevated energy prices and potential El Niño disruptions remain key risks. Fiscal consolidation is expected to continue gradually over…
Moody's Ratings has revised its forecast for India's real GDP growth in fiscal 2026-27 to 7% from 6%, citing the country's resilient economy and stronger investment. The upgrade is driven by factors such as stronger private consumption, robust gross fixed capital formation, continued public infrastructure spending, a revival in private investment, and sustained strength in services.
This optimistic outlook surpasses the projections of other major institutions, including the International Monetary Fund, which had forecast 6.4% growth for FY27, and S&P Global Ratings, which had projected 6.6%.
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