{"id":"f-86c21c4f86-cb6104c6-6851-5a61-a741-3fe9bafc4055","title":"India’s GDP growth seen moderating to 7.1% in FY27 amid global uncertainties: Crisil Intelligence","description":"Domestic demand, private capex and emerging sectors like semiconductors and EVs are expected to drive growth despite geopolitical risks and protectionism.","timestamp":1773309163,"category":"national_v_two","headline":"India’s GDP growth seen moderating to 7.1% in FY27 amid global uncertainties: Crisil Intelligence","modifiedHeadline":"Amid global uncertainty, India to grow by 7.1%","subCategories":["scid_b6669955"],"subcategoriesName":["National"],"region":"IN","bundleMetaData":{"bundleId":"7b48871c-c993-4956-b43d-6f46f8e1b036","bundleTitle":"Today In India","cardData":null},"iabCategoryId":"80","iabCategoryName":"Economy","fcSummary":"india’s economy is projected to grow 7.1% by fiscal 2027, driven by domestic demand and improving private investment, despite global headwinds. the forecast hinges on factors like a normal monsoon and stable commodity prices. investments are expected to surge in sectors like semiconductors and ev manufacturing. exports should remain steady, with a target to double by 2031.","summary":"India's FY27 GDP growth seen at 7.1%, driven by domestic demand & investments in key sectors despite global risks.","ctaUrl":"https://trends.glance.com/newz/news/IN/en/firstpost/f-86c21c4f86-cb6104c6-6851-5a61-a741-3fe9bafc4055","sourceUrl":"https://www.firstpost.com/business/indias-gdp-growth-seen-moderating-to-7-1-in-fy27-amid-global-uncertainties-crisil-intelligence-13988672.html","bannerImage":"https://g-mob.glance-cdn.com/public/content/assets/partner/images/f-86c21c4f86-cb6104c6-6851-5a61-a741-3fe9bafc4055-image-177330065478574834.jpg","content":"India’s economic growth is expected to remain resilient despite global uncertainties, with real gross domestic product (GDP) projected to expand 7.1 per cent in fiscal 2027, slightly lower than 7.6 per cent estimated for the previous fiscal, according to a report by Crisil Intelligence.\n\n
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\n The forecast, presented at the 10th India Outlook Conclave, suggests that India’s growth momentum will continue to be largely driven by strong domestic demand, steady consumption, and a gradually strengthening private investment cycle, even as geopolitical tensions and rising protectionism weigh on the global economy.\n
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\n According to Crisil Intelligence, the growth outlook rests on four key assumptions: a normal monsoon, stable food inflation despite a low base, Brent crude prices averaging between $75 and $80 per barrel, and steady global economic growth.\n\n
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\n Domestic demand is expected to remain the primary driver of expansion in fiscal 2027. Fiscal measures aimed at boosting disposable income, combined with improving private investment, are likely to support consumption and economic activity.\n
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\n Public infrastructure spending is expected to remain a significant pillar of growth, accounting for around 3.1 per cent of GDP. At the same time, the investment cycle is gradually expanding beyond public infrastructure into manufacturing and emerging technology sectors.\n\n
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\n Crisil Intelligence estimates that industrial capital expenditure could rise to around ₹9.1 lakh crore annually between fiscals 2027 and 2031, representing a 1.5-times increase as private investment gains traction.\n
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\n Within this broader investment cycle, emerging sectors are expected to see strong growth. Investments in semiconductors and electronics manufacturing could increase 4.7 times, while EV manufacturing and charging infrastructure may grow 3.1 times, and advanced chemistry cell (ACC) batteries could expand 3.3 times over the period.\n\n
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\n Exports are also expected to remain steady, supported by the services sector and new trade agreements, with India targeting a doubling of exports to ₹80 lakh crore by fiscal 2031.\n
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\n However, the report notes that corporate revenue growth may remain moderate at around 8–9 per cent, partly due to pricing pressures in commodity-linked sectors.\n
\n Rising energy prices remain a key risk. Any sharp increase in crude oil and gas prices could weigh on EBITDA margins, particularly in energy-intensive sectors such as airlines, chemicals, and fertilisers.\n\n
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\n Crisil Intelligence emphasised that policy consistency and healthy corporate balance sheets will be crucial in sustaining India’s next investment cycle amid a volatile global environment.","readDurationInMinutes":"4","author":{"name":"Firstpost","logo":"https://glance-mob.glance-cdn.com/public/bubble/png/28d65284-7c7e-4e74-a1da-84b4daef1e4c.jpeg"},"ism":false,"analyticsResponses":[{"measurementId":"DUMMy","type":"GA"}],"pointerSummary":["India’s GDP is projected to grow 7.1% in fiscal 2027, slightly down from 7.6%.","Strong domestic demand & private investment will drive growth, despite global risks.","Industrial capital expenditure could rise to ₹9.1 lakh crore by fiscals 2027-31."],"tags":["IndiaEconomy","GDPGrowth","CrisilIntelligence","FY27Outlook","EconomicForecast","DomesticDemand","PrivateCapex","Semiconductors","EVs","GeopoliticalRisks","Protectionism","Monsoon","FoodInflation","BrentCrude","PublicInfrastructure","Manufacturing","Exports","CorporateRevenue","EnergyPrices","PolicyConsistency"],"redirectionEnabled":false,"consent":true}

India’s GDP growth seen moderating to 7.1% in FY27 amid global uncertainties: Crisil Intelligence

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