India's FY27 GDP growth forecast downgraded to 6.8-6.9%
after close1 source ↓written by the desknot a recommendation
- for FY27
- 6.8-6.9%
- 7.2%
ICICI Bank has revised India's GDP growth forecast for FY27 to 6.8-6.9%, down from 7.2%. This change reflects disruptions in energy supply and manufacturing due to ongoing conflicts, impacting domestic production. The forecast assumes oil prices stabilize around USD 85 per barrel as supply chains improve.
Not investment advice. For informational purposes only.