Moody's Ratings has released a report indicating that India's economy is on a strong growth trajectory, expected to maintain its position as the fastest-growing economy among G-20 nations. The agency forecasts that India's real GDP growth rate will reach 6.4% in the fiscal year 2027, cementing the country's economic strength amidst global challenges. This optimistic outlook is attributed to robust domestic demand, enhanced investment activities, and stable macroeconomic conditions that are expected to foster business confidence and encourage lending and investment by companies.

The report highlights that the sustained momentum in India's economic growth will be supported by various factors, including resilient consumer demand and improvements in the investment climate. Moody's believes that these conditions will continue to drive the economy forward, enabling it to outperform other major economies within the G-20. The agency's assessment underscores the potential of the Indian economy to adapt and thrive even in the face of global economic uncertainties.

Furthermore, the ongoing impact of GST reforms is anticipated to continue positively influencing the economy's performance. The reforms have played a crucial role in streamlining tax processes and boosting compliance, which, in turn, supports overall economic growth. As India enters the next fiscal years with a proactive approach to economic management and policy reforms, the outlook remains promising, positioning the country for sustained success in the competitive global economic landscape.