India's FY27 GDP growth projected at 6.6% by S&P
after close1 source ↓written by the desknot a recommendation
- in FY27
- 6.6%
- in FY26
- 7.7%
- has reached
- 43%
S&P Global Ratings forecasts India's GDP growth to slow to 6.6% in FY27, down from 7.7% in FY26. This decline is attributed to energy stress, a sub-par monsoon, and slowing global growth. The rainfall deficit has reached 43%, prompting the government to implement contingency plans to mitigate the impact.
Not investment advice. For informational purposes only.