World Bank Projects India's Growth To Moderate To 6.6% In FY27 Amid Rising Energy Costs
New Delhi, June 12 -- India is projected to remain the world's fastest-growing major economy in FY27 despite a moderation in growth, with the economy expected to expand by 6.6 percent amid rising energy prices and higher input costs, according to the latest report by the World Bank. World Bank Projects Moderation In Growth For FY27 The multilateral lender said India's growth is likely to slow from 7.7 percent in FY26 to 6.6 percent in FY27, reflecting softer private demand growth as businesses and consumers face higher energy and production costs. However, the report expects growth to rebound to 7.2 percent in FY28, supported by stronger domestic demand and improved export performance, reported Business Standard. Domestic Demand Continues...
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