Moody's raises India's fiscal 2027 GDP growth forecast to 7%

Moody's has raised its fiscal 2027 GDP growth forecast for India to 7%, citing resilience in the West Asia region. The upward revision reflects improved economic conditions and stable external factors affecting India's growth trajectory.

The rating agency's forecast takes into account India's economic fundamentals and global economic trends, particularly developments in the West Asia region which has a bearing on India's growth prospects.