World Bank raises India FY27 growth forecast to 7.1%

The World Bank revised India's FY27 growth forecast to 7.1%, up from 6.6%, citing strong industrial and services activity. It projected 7.2% growth in FY28. India is key to South Asia's growth, which drops from 6.9% to 3.6% without India. Agriculture remains the biggest near-term risk due to a dry monsoon season.