In a report, Nomura Research analysts wrote that India's growth prospects remain positive. The effects of past policy actions are showing, while low inflation, stable global growth, potential easing of trade tension with the US, and India's ongoing structural reforms all support a steady outlook. They forecast a GDP growth rate of 7.1% for the fiscal year ending March 2027, and a 7.5% growth rate for the current fiscal year. India is also expected to release a new GDP data series in February, and the benchmark year will be adjusted from 2011-2012 to 2023-2023. They added that the revised data series will use a broader database of non-financial unlisted companies and include new data sources such as e-commerce platforms and vehicle registrations. These and other methodological adjustments should improve the quality of India's GDP data.

Zhitongcaijing · 4d ago
In a report, Nomura Research analysts wrote that India's growth prospects remain positive. The effects of past policy actions are showing, while low inflation, stable global growth, potential easing of trade tension with the US, and India's ongoing structural reforms all support a steady outlook. They forecast a GDP growth rate of 7.1% for the fiscal year ending March 2027, and a 7.5% growth rate for the current fiscal year. India is also expected to release a new GDP data series in February, and the benchmark year will be adjusted from 2011-2012 to 2023-2023. They added that the revised data series will use a broader database of non-financial unlisted companies and include new data sources such as e-commerce platforms and vehicle registrations. These and other methodological adjustments should improve the quality of India's GDP data.