India's 'Goldilocks' Run to Continue for Two Years: EAC-PM Chair Predicts Strong Growth

Economy
C
CNBC TV18•07-01-2026, 17:49
India's 'Goldilocks' Run to Continue for Two Years: EAC-PM Chair Predicts Strong Growth
- •EAC-PM Chair S Mahendra Dev forecasts India's 'Goldilocks' phase (high growth, low inflation) to persist for two more years.
- •India's economy is projected to grow 6.5-7% in FY27, maintaining momentum from FY26's estimated 7.4% growth.
- •High domestic consumption, continued public capital expenditure, and increased FDI/FPI inflows are key growth drivers.
- •CPI inflation is expected around 4% next fiscal year, while the rupee, which weakened in 2025, may appreciate with more inflows.
- •Diversified exports through FTAs and a revival in private sector capex, including significant tech investments, are boosting resilience.
Why It Matters: India's economy is set for two more years of 'Goldilocks' growth, driven by strong domestic factors and investments.
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