World Bank raises India's FY27 growth forecast to 7.1%

The World Bank has revised India's economic growth projection to 7.1% for 2026-27, up from an earlier estimate. Strong domestic demand and exports are expected to support this growth despite global challenges. The Indian economy's performance in the first quarter of the current financial year has led to upgrades from various global entities. Agricultural output may be affected by sub-par monsoons, impacting rural demand and food inflation.