Moody's raises India's FY27 GDP forecast to 7%
New Delhi, Nov. 12 -- Moody's Ratings has raised its 2026-27 growth forecast for India's economy to 7% from 6.5%, citing resilient consumption, improving investment dynamics and the economy's ability to withstand the global energy shock. It expects India to sustain growth close to 7% over the medium term, with a potential private investment boom offering scope for even faster expansion.
In October, the World Bank raised its FY27 growth forecast for India to 7.1% from 6.6%.
In its Global Macro Outlook 2027-28, released on 11 November, the rating agency said India's strong macro fundamentals and domestic demand have helped the economy remain resilient despite the global energy shock and that growth is expected to remain at 7% in both 2027 and 2028.
"High-frequency indicators point to the possibility of a new private investment cycle..," it said.htc...
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