Moody's Ratings lowered India's fiscal year 2027 GDP growth forecast to 6.0% on April 6, 2026. The agency previously estimated growth at 6.8%.
Ongoing conflict in West Asia drives the revision. The agency expects the conflict to dampen growth. The situation also elevates inflation risks.
Potential LPG shipment disruptions increase fuel and transport costs. Reliance on imported fertilizers raises food inflation risks. Dependence on the region for crude oil and LPG increases input costs. These factors pressure government finances.