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Economy 🔴 High

ICRA GDP Growth Projection

📅 Published 20 Aug 2026 · Aug 2026

ICRA GDP Growth Projection

Category: Economy / GDP / Economic Growth

  • ICRA estimated India's real GDP growth at 7% for Q1 FY27.

  • Period: April–June 2026.

  • This was lower than 7.8% in Q4 FY26.

  • Sector-wise estimates:

    • Industrial growth: 7.7%

    • Agriculture, forestry and fishing: 4%

    • Services: 7.9%

  • FY27 GDP growth forecast retained at 6.7%.

  • Crude oil assumption: USD 80–85 per barrel.

Key Pointer: ICRA FY27 GDP forecast = 6.7%.

📝 Relevant Exams: UPSC, SSC
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