India’s growth is making the world rewrite its forecast: MoSPI Secretary Saurabh Garg
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓MoSPI Secretary Saurabh Garg said India’s strong economic growth is making international agencies raise their forecasts.
- ✓The economy grew 7.8% in the first quarter of FY27, showing great resilience.
- ✓Garg noted that robust corporate performance and high investment activity across manufacturing and services sectors are driving this positive momentum today.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Synopsis
India's continued economic resilience, supported by strong corporate performance and sustained investment activity, is now being reflected in upward revisions to the country's growth estimates by various international agencies, Saurabh Garg, Secretary, Ministry of Statistics and Programme Implementation (MoSPI), said.
India’s stronger-than-expected economic performance is prompting international ratings agencies and research firms to raise their growth forecasts, with sustained investment and robust corporate activity pointing to continued momentum, MoSPI Secretary Saurabh Garg said on Saturday.
Garg, speaking on the sidelines of the Kautilya Economic Conclave, said the economy had retained its resilience after expanding 7.8% in the first quarter of FY27, while activity across manufacturing and services and continued capital spending provided further signs of strength.
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The Economic Times
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