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World Bank Raises India GDP Growth Forecast To 7.1% For FY27, Sees AI Driving Productivity Gains
The World Bank has raised India's economic growth forecast for FY27 to 7.1%, up 50 basis points from its previous projection of 6.6%, as strong industrial and services activity offsets weakness in agriculture. In its October South Asia Economic Update released on Oct 6, the World Bank projected India's growth at 7.2% in FY28. The economy expanded 7.8% in FY26, slightly exceeding the Bank's…
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