World Bank Forecasts India's GDP Growth at 6.5% for FY27, Citing Domestic Demand
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World Bank Forecasts India's GDP Growth at 6.5% for FY27, Citing Domestic Demand

The World Bank projects India's GDP growth at 6.5% for FY27, a slight moderation from an estimated 7.2% in the current fiscal year (FY26). This forecast assumes continued US tariffs on certain Indian exports. Despite these external headwinds, the World Bank notes that strong domestic demand, including private consumption and rising rural incomes, will anchor India's economic performance. Growth is expected to rebound to 6.6% in FY28, supported by services, exports, and investment.

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