World Bank raises India FY27 growth forecast to 6.6% despite West Asia war-led global slowdown
New Delhi, June 11 -- The World Bank has marginally raised India's growth forecast for 2026-27 to 6.6% from the 6.5% projected in January, making it one of the few major economies to see an improved outlook even as the financial institution downgraded its global growth outlook due to the West Asia war.
In its June 2026 Global Economic Prospects report released on Thursday, the World Bank said India's economy is expected to expand 6.6% in FY27, down from an estimated 7.7% in FY26, before accelerating to 7.2% in FY28.
Despite the slowdown, India is expected to remain among the fastest-growing major economies globally and to continue anchoring growth in South Asia, which is forecast to expand by 6.3% in 2026, according to the report.
The ...
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