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Business
IMF Projects India's 2027 Growth at 7%, Advanced Economies at 1.8%
✍️ NDTV
🗓 13 Oct 2026, 10:18 AM
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The International Monetary Fund has forecast that India’s economy will grow by 7% in 2027, while advanced economies are expected to expand at a modest 1.8%. The projection reflects a robust outlook for India amid global economic uncertainties.
The International Monetary Fund (IMF) released its latest World Economic Outlook on Tuesday, projecting a 7% growth rate for India in 2027. The forecast marks a significant uptick from the 2026 estimate and underscores the resilience of the Indian economy.
In contrast, the IMF expects advanced economies to expand at a modest 1.8% over the same period. This slowdown reflects ongoing uncertainties in global markets, including trade tensions and geopolitical risks.
The IMF’s outlook highlights the importance of continued policy support in India, particularly in areas such as fiscal consolidation, infrastructure investment, and reforms aimed at boosting productivity.
Economists note that a 7% growth trajectory would place India among the fastest-growing major economies, potentially widening the gap between emerging and developed markets.
In contrast, the IMF expects advanced economies to expand at a modest 1.8% over the same period. This slowdown reflects ongoing uncertainties in global markets, including trade tensions and geopolitical risks.
The IMF’s outlook highlights the importance of continued policy support in India, particularly in areas such as fiscal consolidation, infrastructure investment, and reforms aimed at boosting productivity.
Economists note that a 7% growth trajectory would place India among the fastest-growing major economies, potentially widening the gap between emerging and developed markets.