World Bank: India's FY27 Growth at 6.5%, FY26 at 7.2% Amidst Global Slowdown

• World Bank projects India's economy to grow 6.5% in FY27, easing from an estimated 7.2% in the current fiscal year.
• Resilient domestic demand, particularly robust private consumption and improved rural incomes, is anchoring India's growth.
• The World Bank upgraded India's current fiscal year estimate by 0.9 percentage points to 7.2% due to strong H1 performance.
• Impact of higher US tariffs on Indian exports is expected to be cushioned by stronger domestic demand.
• Globally, growth is expected to remain subdued, with world output slowing to 2.6% in 2026; China's growth projected to slow.

Why It Matters: India's economy shows resilient growth driven by domestic demand, despite global slowdown and external headwinds.