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Economists raise FY27 GDP forecast to 7% after Q1 growth hits 7.8%

01-Sep-2026 by Charan Singh

Economists have raised their full-year GDP growth forecast for FY27 to around 7 percent, up from an earlier estimate of 6.8 percent, citing the strength of the economy's showing in the first quarter. The revision follows government data released on August 31 showing the economy grew 7.8 percent in the April-June quarter, comfortably beating the Reserve Bank of India's 7 percent projection and accelerating from 6.9 percent growth in the same quarter last year.

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