Goldman Sachs Predicts Robust 6.8% India GDP Growth by FY27 Amid Global Slowdown

• Goldman Sachs forecasts India's real GDP to grow at a strong 6.8% in FY27, despite global economies slowing down.
• Growth is sustained by demand-supporting policies, including income tax relief, GST simplification, and RBI repo rate cuts.
• Private consumption is expected to strengthen, though private sector investment may be delayed by global trade uncertainty and high US tariffs.
• Inflation is likely to remain near RBI's 4% target, limiting the scope for significant further interest rate cuts.
• The government aims for fiscal consolidation, targeting a 4-4.2% fiscal deficit in FY27.

Why It Matters: Goldman Sachs projects India's economy to maintain strong 6.8% growth in FY27, driven by domestic policies.