Moody’s Raises India’s FY2027 Growth Forecast to 7%
Moody’s raised India’s real GDP growth forecast for the fiscal year ending March 2027 to 7 percent from 6 percent, citing resilience despite Middle East instability. Strong investment and manufacturing helped the economy expand 7.8 percent during April–June, supporting India’s position among the fastest-growing major global economies this year.
The upgrade signals international confidence in India’s economic resilience, manufacturing activity and investment-led expansion despite elevated energy prices and geopolitical uncertainty.
Growth will depend on energy costs, food inflation, consumer demand and continued infrastructure investment. Moody’s expects India to remain the fastest-growing G20 economy, although global risks remain.
April–June 2026: GDP expands 7.8%
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September 18: Moody’s raises FY2027 forecast from 6% to 7%
upcoming quarterly data will test whether this momentum continues.
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1. reuters.comView Original
