Moody’s Pegs India’s GDP Growth At 6.4% For FY27

Growth Outlook  
Moody’s highlighted that India’s economy remains one of the fastest-growing globally. The forecast reflects steady consumption, government-led infrastructure projects, and private sector investments that continue to drive expansion.  

Risks And Challenges  
Despite optimism, Moody’s cautioned about external risks such as global monetary tightening, commodity price volatility, and geopolitical uncertainties. Export growth may remain subdued, but domestic resilience is expected to offset external pressures.  

Sectoral Drivers  
Services, manufacturing, and construction are expected to lead growth, supported by policy reforms and digital transformation. The financial sector’s stability and rising credit demand further strengthen India’s growth prospects.  

Key Highlights  

• Moody’s forecasts India’s GDP growth at 6.4% in FY27  
• Strong domestic demand and infrastructure spending drive expansion  
• Global headwinds may weigh on exports  
• Services, manufacturing, and construction remain key growth drivers  
• Financial sector stability supports investment momentum  

Conclusion  
Moody’s projection underscores India’s economic resilience amid global uncertainty. With structural reforms and robust domestic demand, India is poised to maintain steady growth, reinforcing its position as a leading emerging market economy.  

Sources: Moody’s Investors Service, Economic Times, Business Standard