India’s stronger-than-expected economic performance is prompting international ratings agencies and research firms to raise their growth forecasts, with sustained investment and robust corporate activity pointing to continued momentum, MoSPI Secretary Saurabh Garg said on Saturday.
Garg, speaking on the sidelines of the Kautilya Economic Conclave , said the economy had retained its resilience after expanding 7.8% in the first quarter of FY27, while activity across manufacturing and services and continued capital spending provided further signs of strength.