New Delhi: Moody’s Ratings has projected that India’s gross domestic product (GDP) growth will be 7 percent in the 2026-27 financial year. Moody’s Ratings is one of the world’s most important credit rating agencies. It assesses how capable companies, banks, and countries are of repaying the loans they take and assigns ratings accordingly.
In this situation, Moody’s has estimated that India’s GDP growth will be 7 percent in the 2026-27 fiscal year. Earlier, Moody’s had said that India’s GDP growth would be 6 percent, but it has now revised its position and raised the GDP growth forecast to 7 percent.
Moody’s has also said that India’s real GDP growth in the first six months of 2026 increased to 8.2 percent year on year. Moody’s has stated that it expects India’s economy to grow faster than the economic growth of all other G20 countries.
Moody’s Ratings has said that the Indian economy has demonstrated its ability to withstand global shocks despite the conflicts prevailing in the Middle East. At the same time, Moody’s also pointed out the risks to inflation from high crude oil prices and the impact of El Niño.
Moody’s said that India’s diversification of sources for crude oil imports to support GDP growth, along with substantial foreign exchange reserves and strong domestic demand, have served as key protective factors.
The Indian economy recorded 7.8 percent growth in the quarter ended June of the 2026-27 financial year. It is noteworthy that this is higher than the 7 percent GDP growth projected by the Reserve Bank of India.