Moody’s Expects India’s Economy to Grow 6.5% Annually Through 2027

Moody’s Ratings said on Wednesday that it expects India’s economy to grow at an average annual rate of 6.5% through 2027, driven by continued infrastructure investment and robust domestic consumption.

The ratings agency noted that while private-sector capital spending remains cautious, India’s growth momentum is being sustained by strong public investment and steady consumer demand.

“India’s economic expansion is underpinned by firm infrastructure spending and resilient consumption, although the private sector remains wary about committing to new business capital expenditure,” Moody’s said in its statement.

The outlook reaffirms India’s position as one of the fastest-growing major economies, even amid global uncertainties and tightening financial conditions.