World Bank raises India’s FY27 GDP growth forecast to 7.1%
The World Bank raised India's FY27 GDP growth forecast to 7.1%, up from 6.6%, citing strong industrial and service sector momentum. The broader South Asia region's GDP is projected to grow by 6.9%, boosted by India's performance, despite a downward revision for Bangladesh. This forecast emphasizes the need for job creation and skill development as demographic pressures rise.