CONNECT WITH US
EV & Mobility

EV & Mobility

India may sustain 7% growth in FY27 despite global uncertainties: FM

Business Standard – EV logo

Published on

Add as a preferred source on Google
India may sustain 7% growth in FY27 despite global uncertainties: FM

Home / Economy / News / India may sustain 7% growth in FY27 despite global uncertainties: FM

Finance Minister Nirmala Sitharaman says India can maintain its growth momentum despite geopolitical uncertainties and supply-chain disruptions

In this image posted on Aug. 30, 2026, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman addresses members of the Indian diaspora community at the Consulate General of India, in Chicago, United States. (@FinMinIndia/X via PTI Photo)

Krity Ambey 3 min read Last Updated : Aug 30 2026 | 6:56 PM IST

India’s economy is likely to sustain growth of 7 per cent or more in 2026-27 (FY27), continuing the pace seen in the years since the Covid-19 pandemic, Finance Minister Nirmala Sitharaman said on Sunday.

“Since then (Covid), we are sustaining the growth at 7 per cent or more. This year too our growth will be in that range,” Sitharaman said while addressing the Indian diaspora in Chicago.

8 per cent in FY21 amid the Covid-19 pandemic, the Indian economy has recorded annual growth of over 7 per cent in each of the last five years. 2 per cent, according to the Economic Survey for FY26. 7 per cent for FY27. The statistics ministry will release the June quarter GDP data for FY27 on Monday. Sitharaman said India is likely to maintain its growth momentum despite geopolitical uncertainties and supply-chain disruptions following the US-Iran conflict and the closure of the Strait of Hormuz.



Source link
Related Topics:EV & Mobility

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.