New Delhi, March 26 -- India's economic growth for the 2027 fiscal year is expected to reach approximately 6.9 per cent, a decrease from the previous projection of 7.2 per cent, as energy supply disruptions begin to weigh on industrial production.

An ICICI Bank report stated that the economic impact will likely remain concentrated in March and April, with a gradual easing of supply constraints anticipated in the following months. "We expect impact on economy to be concentrated in month of March and April with gradual easing of supply in coming months. This should have an impact on growth in Q4FY26 and Q1FY27. Given impact is limited in the two quarters, we expect FY27 growth at around 6.9% as against 7.2% earlier," the report said.

The ...