Business2 sources

Moody's Raises India's FY27 Growth Forecast to 7%

  • Moody's Ratings revised India's FY27 growth forecast to 7%.
  • The forecast is based on India's resilience to energy supply shocks and broad-based economic momentum.
  • Risks highlighted include inflation and potential impacts from a deficient southwest monsoon.
  • Global institutions like the Asian Development Bank and World Bank have similarly raised India's growth forecasts.
  • India's investment outlook is strengthening due to accelerating credit growth and rising corporate revenues.
Moody's Raises India's FY27 Growth Forecast to 7% | Split Angle