S&P Global has revised its growth forecast for India’s GDP for the fiscal years 2026 and 2027, projecting a moderation in the country’s economic growth. While India’s GDP is expected to grow at 6.8% in FY25, this rate marks a slight slowdown from the impressive 8.2% growth recorded in FY24. This growth forecast for FY25 reflects a high base from the previous year, coupled with factors such as a high-interest rate environment, which is expected to temper domestic demand
Source:- bbc news
India continues to be the fastest-growing large economy globally, despite the moderation, and S&P anticipates that growth will continue to be robust through the medium term. For the fiscal year 2025-26, the growth rate has been pegged at 6.9%, which, while lower than India’s recent high, still keeps it ahead of most other large economies
Source:- news18
S&P’s revised outlook also suggests that the Indian economy’s strong structural reforms, investment momentum, and its status as a key player in the global economy will support growth in the coming years. These projections indicate that India will continue to experience healthy economic performance, positioning itself as the third-largest global economy by 2031 if these growth trends persist
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