ADB raises India's GDP growth forecast to 7pc on stronger-than-expected Q1 growth

The Asian Development Bank has updated India’s economic growth forecast for FY2027 to an impressive 7 percent. This upward revision stems from robust GDP growth and increased investment demand observed in the first quarter. While challenges such as supply disruptions and elevated commodity prices persist, India’s economic resilience shines through supported by proactive fiscal strategies.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *