New Delhi, April 9 -- The World Bank has revised Indias GDP growth projection for FY27 upward to 6.6 percent in its latest South Asia Economic Update, from an earlier estimate of 6.3 percent, reaffirming the countrys position as the fastest-growing major economy globally.
Growth Outlook Remains Strong Despite Moderation
The report noted that Indias economic growth is estimated to have strengthened from 7.1 percent in FY25 to 7.6 percent in FY26, driven by strong domestic demand and resilient exports.
Private consumption remained a key growth driver, supported by low inflation and rationalisation of the Goods and Services Tax (GST).
However, growth is expected to moderate slightly to 6.6 percent in FY27 due to emerging global headwin...
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