India’s Q1 FY27 GDP Likely Climbs 6.4‑6.6% Amid Rising Costs, ICRA Says

ICRA has released its latest estimate indicating that India’s GDP for the first quarter of fiscal year 2027 is expected to grow between 6.4% and 6.6%. The forecast comes amid concerns over escalating input costs that could weigh on industrial output. Analysts note that the growth projection reflects strong performance in the manufacturing and services sectors, which have continued to expand despite higher price pressures. The estimate suggests that the economy is likely to maintain its momentum, supporting ongoing policy measures aimed at sustaining growth.