# India is still expected to maintain steady growth as GDP growth expected at 6.2 per cent for FY2027.

*business · news · 2026-04-07 · Lokmat Times*

## Key points

- Morgan Stanley has downgraded India's FY2027 GDP growth forecast from 6.5% to 6.2%.
- India's current account deficit is projected to widen to 2.5% of GDP due to higher oil imports.
- Economic growth may dip to 5.9% YoY in June 2026, driven by weaker industrial activity.
- Average consumer price inflation is expected to rise to 5.1% in FY2027 amid persistent cost pressures.
- The fiscal deficit could reach 4.3% of GDP as policymakers increase subsidies and cost-control measures.

**Companies:** Morgan Stanley
**Countries:** India

[Read the full story on Lokmat Times](https://www.lokmattimes.com/business/indias-gdp-growth-expected-at-62-pc-despite-geopolitical-conflict-morgan-stanley/)

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