Indian economy may grow 6.9% in FY27; ‘Goldilocks’ phase likely to continue

India’s economy is projected to grow by 6.9% in FY27, driven by structural reforms and trade agreements, according to India Ratings & Research. The nation anticipates a “Goldilocks” phase with strong growth and moderate inflation, averaging 3.8% for retail inflation. Government finances are also expected to improve, with Centre’s debt easing to 55.5% of GDP.