Moody’s Raises India’s FY27 Growth Forecast to 7% on Economic Resilience

Moody's has increased its GDP growth forecast for India to 7% for the fiscal year 2026-27, citing strong private consumption and robust investment as key drivers. This forecast exceeds those of the IMF and S&P Global Ratings. Despite the optimistic outlook, risks such as elevated energy prices and potential El Niño disruptions remain, while fiscal consolidation is expected to proceed gradually.

Originally published by gnews