Crude at $100: India's FY27 GDP may drop to 6.5%, inflation to cross 5%

• CareEdge Ratings warns India's economic growth could slow and inflation rise if crude oil prices remain elevated due to West Asia conflict.
• If crude averages $100 per barrel, India's GDP growth for FY27 could decline to 6.5%, with inflation rising above 5%.
• Under normal conditions ($60-70/barrel), growth was estimated at 7.2%; base case at $90/barrel is 6.7%.
• At $110/barrel, growth could fall to 6.1%; at $120/barrel, it could drop below 6.0%.
• Sectors like airlines, petrochemicals, ceramics, and glass face high impact with low resilience from rising input costs.