New Delhi, Nov. 12 -- India's economy is projected to grow at 7 per cent in 2028, compared with 4 per cent for China, widening the growth gap between the two countries to 3 percentage points, according to Moody's Ratings.

In its Global Macro Outlook 2027-28 report, the ratings agency projected India's economic growth at around 7 per cent annually over the medium term, supported by robust consumption, improving investment and strong macroeconomic fundamentals.

Moody's Raises India's FY27 Growth Forecast To 7 Per Cent

Moody's also raised its growth forecast for India in FY2026-27 to 7 per cent from its earlier estimate of 6.5 per cent, citing resilience to global energy price shocks and improving investment conditions, reported ANI.

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