Moody’s Raises India FY27 Growth Forecast to 7% on Economic Resilience
Key Facts
Moody’s raised its India growth forecast to 7% for the 2027 fiscal year. The Economic Times reported that the upgrade stems from the economy's resilience against energy shocks caused by the Iran war, supported by robust domestic consumption and investment activity.
India has successfully diversified its crude oil and natural gas supplies to mitigate the impact of regional conflict on consumers. The revised outlook reflects the country's ability to absorb higher energy prices better than anticipated while maintaining momentum in manufacturing and capital expenditure.
India is scheduled to release its annual Inflation Rate data on November 12, 2026, with market forecasts expecting a rise to 5.93% from the previous 5.54%.