Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investment

India’s economy has proved more resilient to the shock from the Middle East conflict than Moody’s Ratings had expected, prompting the ratings agency to sharply raise its forecast for real GDP growth in 2026-27 to 7% from 6% previously.The upgrade, announced in Moody’s periodic review of India on Friday, was driven by stronger private consumption, robust gross fixed capital formation, continued public infrastructure spending, signs of a revival in private investment and sustained strength in services.Also Read: IMF sees India among fastest-growing major economies despite trimming FY27 GDP growth projection to 6.4%India’s real GDP growth accelerated to 8.2% year-on-year in the first six months of calendar 2026, compared with 7.3% for the full year in 2025, Moody’s said.“The economy's demonstrated resilience to the global shock wrought by the conflict in the Middle East has driven an upward revision to our forecast for real GDP growth in fiscal 2026-27 (year ending…