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Moody’s Raises India’s FY2026-27 GDP Growth Forecast to 7%

By Drooid · Sep 18, 2026, 7:56 AM UTC · How we work

Summary

Story summary

Moody’s raised India’s FY2026-27 real GDP growth forecast to 7%, up from 6%.
The agency cited stronger private consumption, robust fixed-capital formation, and ongoing public infrastructure spending.
India’s real GDP grew 8.2% YoY in H1 2026, above 7.3% in 2025.
Moody’s forecast exceeds the IMF’s 6.4% FY27 projection and S&P’s 6.6% estimate.
Moody’s warned the Middle East conflict could keep energy prices high and push inflation above 4.8%.

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Story summary

Moody’s raised India’s FY2026-27 real GDP growth forecast to 7%, up from 6%.
The agency cited stronger private consumption, robust fixed-capital formation, and ongoing public infrastructure spending.
India’s real GDP grew 8.2% YoY in H1 2026, above 7.3% in 2025.
Moody’s forecast exceeds the IMF’s 6.4% FY27 projection and S&P’s 6.6% estimate.
Moody’s warned the Middle East conflict could keep energy prices high and push inflation above 4.8%.