India's growth seen above 7 per cent in FY27 as investment, exports take centre stage: Report
New Delhi, Sept. 7 -- India's economic growth is likely to remain above 7 per cent in FY27, with the investment and export cycles expected to increasingly offset a moderation in consumption and the fading impact of domestic policy support, according to a latest report by SBI Funds Management (SBIFM) Research.
The fund management firm expects nominal GDP growth to accelerate to above 12 per cent in the coming quarters, even as sticky inflation and elevated global commodity prices could keep interest rates higher for longer.
"In the absence of a fresh global shock, FY27 growth estimates will likely need to move above 7 per cent," SBIFM Research said, adding that a stronger growth trajectory could provide room for real rates in India to ad...
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