3 hrs ago
India Leads Global Growth Outlook at 6.7% for FY27
The World Economic Forum asked economists how they think economies will perform.
They said India has the strongest growth outlook among the places surveyed.
India’s economy is expected to grow by 6.7% in the 2026–27 financial year.
Strong spending inside India is helping support this forecast.
Higher energy prices could still slow growth.
India was less popular than before as a place for multinational companies to do business.
The United States ranked first for business conditions, followed by Southeast Asia and Europe.
Economists also warned that conflicts, falling asset prices and resistance to new data centres could create problems.
Most economists expect artificial-intelligence use to increase, but many do not expect it to create many jobs worldwide.
The World Economic Forum’s chief economists expect India to have the strongest growth outlook among surveyed economies.
The forecast for India’s fiscal year 2026–27 growth was raised to 6.7%, supported by resilient domestic demand.
Ninety-eight per cent of respondents expect moderate or stronger Indian growth over the next 12 months, including 74% expecting strong or very strong growth.
India fell from second to fourth in the ranking of preferred business environments for multinational companies, with 40% naming it among their top three destinations.
Geopolitical conflicts, asset-price corrections and uncertainty over artificial-intelligence infrastructure remain major risks to the global outlook.
- Who
- The World Economic Forum’s surveyed chief economists and the economies assessed, particularly India.
- What
- Chief economists raised India’s FY 2026–27 growth forecast to 6.7% while ranking India fourth for favourable multinational business conditions.
- Where
- The survey covered the global economy and identified India as having the strongest outlook among the surveyed geographies.
- When
- The latest quarterly outlook was published Tuesday; the India growth forecast was raised in August.
- Why
- Resilient domestic demand supports India’s growth outlook, while higher energy prices remain a concern.
Key facts
- India growth forecast
- 6.7% for fiscal year 2026–27
- India growth outlook
- 98% of respondents expect moderate or stronger growth over the next 12 months
- Strong-growth expectations
- 74% expect strong or very strong growth in India
- Business ranking
- India ranked fourth, down from second in the previous survey
- Top-three business destinations
- 40% of respondents included India among their top three choices
- Global stability outlook
- 56% expect global conditions to remain stable or improve
- Geopolitical risk
- 97% identify geopolitical conflicts as a likely source of uncertainty
Quotes
World Economic Forum
International organization reporting findings from its Chief Economists’ Outlook survey
“Growth is expected to remain supported by resilient domestic demand, although higher energy prices continue to weigh on the outlook.”
thehansindia.com
Sources
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