The Organisation for Economic Co-operation and Development (OECD) has raised its growth forecast for India’s economy to 7.1% for 2026-27, up from the 6.3% projection it issued in June.
The upward revision makes the OECD the latest major global institution to improve its outlook for India. It follows recent growth forecast upgrades from Moody’s, S&P Global and Fitch Ratings.
Despite the stronger full-year projection, the OECD expects India’s economic growth to slow during the second half of the financial year. The assessment comes as the global economy continues to face uncertainty linked to geopolitical tensions and changing economic conditions.
In its interim economic outlook, the OECD also noted that rapid investment and production linked to artificial intelligence have helped several economies limit the impact of the West Asia crisis.
The revised forecast highlights continued expectations of strong economic activity in India even as external risks remain. The OECD’s latest projection places India among the economies receiving increased growth expectations from major international institutions.
The forecast will be closely watched by policymakers, investors and businesses as India navigates global uncertainties while seeking to maintain momentum in domestic economic activity.
