ADB Raises India FY27 Growth Forecast To 7% On Strong Investment, Services Export Growth
The Asian Development Bank (ADB) has revised India’s economic growth forecast for FY27 upward to 7% from its earlier projection of 6.6%, citing stronger investment activity and continued resilience in services exports. The multilateral institution, however, reduced its FY28 growth estimate marginally to 7.1% from the previous forecast of 7.3%. “The Indian economy remains resilient despite…
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