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The Economic Times

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Beyond the 7% headline: S&P maps the forces driving India’s next growth phase

India SP Economy SP Global Ethanol Crisil Electricity

India’s economy has delivered the number that grabs attention: 7.7% growth in 2025-26, followed by 7.8% in the first quarter of 2026-27.

But S&P Global and Crisil’s latest India research is looking beyond that headline. S&P is reiterating its outlook for India to grow around 7% in 2026-27, with growth moderating from the previous year even as domestic demand and public investment provide support.

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