Bengaluru: India's economic growth is expected to slow sharply this fiscal year from last year's robust expansion and recover only modestly the following year, a Reuters poll of economists found, as weak private investment and higher oil prices triggered by the Iran war weigh on domestic demand.
Gross domestic product is forecast to grow 6.6% in the fiscal year ending March 2027, according to the median estimate in a Reuters poll, down from 7.7% in FY2025/26. Growth is then expected to edge up to 6.8% in FY2027/28.