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IMF raises India's growth forecast to 7% in FY27 on strong domestic demand

The IMF has raised India's FY27 growth forecast to 7% from 6.4%, citing resilient domestic demand and robust services activity, and lifted its FY28 projection to 7%

IMF raises India's growth forecast to 7% in FY27 on strong domestic demand

The IMF has increased its growth forecast for India to 7% for FY27, up from its previous projection of 6.4%. According to Business Standard IN, the IMF also raised its FY28 projection to 7%, attributing the upward revisions to robust services activity and resilient domestic demand.

Brief written by urgent.news from Business Standard IN, The Economic Times — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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