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Data▲ Bullish for Indian equities
Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum
The brief
- Crisil raised India’s FY27 GDP growth forecast to 7%
- The revision reflects strong domestic demand, resilient consumer spending and government investment
- Stronger growth expectations support Indian consumer-facing companies and domestic-demand sectors
- Crisil Ups FY27 GDP Growth Forecast To 7% On Expected Strong H1
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India’s FY27 growth outlook
S&P Global projected 7% GDP growth for India in FY27, citing domestic demand, private investment and manufacturing as drivers amid global uncertainty. Shaktikanta Das said average annual real GDP growth was 7.9% from 2021-22 to 2025-26, and Q1 FY27 growth was 7.8%.
Wednesday, 30 September
- Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum