India’s Chief Economic Advisor projects 7.4% GDP growth for FY27

India’s Chief Economic Advisor (CEA) has projected that the country’s economy will grow by approximately 7.4% in FY27, signaling strong confidence in India’s medium-term economic outlook. The forecast comes shortly after a new bilateral agreement between India and the United States, suggesting positive momentum in trade and economic cooperation.

India is expected to maintain a strong economic growth trajectory, with the Chief Economic Advisor forecasting GDP expansion of around 7.4% for the fiscal year 2026–27 (FY27). The projection reflects optimism about India’s macroeconomic stability, domestic demand, and ongoing structural reforms.

The announcement follows a recent agreement between India and the United States, which is seen as a supportive development for trade flows, investment activity, and broader economic engagement. While specific details of the agreement were not outlined, its timing alongside the growth forecast indicates confidence in India’s evolving global economic partnerships.

A growth rate of this scale positions India among the faster-growing major economies, reinforcing its role as a key driver of global economic activity. The outlook underscores expectations of sustained expansion supported by infrastructure investment, policy continuity, and resilient consumption trends.

Parameter Details

Projected Growth Rate 7.4%

Fiscal Year FY27