World Bank raises India FY27 growth aim to 7.1%
The World Bank has increased its forecast for India's economic growth in fiscal 2026-27 to 7.1%, up from the previous 6.6%. The bank attributes this rise to resilient domestic consumption, which has helped the economy absorb the impact of higher energy prices despite persisting inflationary pressures. India, being the South Asia region's largest economy, is expected to remain a key driver of expansion, although growth is projected to slow from the 8.6% forecast for the 2025-26 fiscal year.
The bank's revision joins a series of upgrades to India's growth outlook, with other major global and domestic forecasters becoming more optimistic as the economy demonstrates greater resilience than anticipated.
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