New Delhi, Jan. 22 -- Supportive fiscal and monetary policies, along with financial deregulation, are expected to aid a revival in the consumer demand in India into FY27, even as the global environment remains uncertain, according to a report by HSBC Asset Management.

The report highlighted that India's macroeconomic framework continues to focus on supporting growth while maintaining stability. It noted that a combination of accommodative fiscal and monetary policies, along with ongoing deregulation in the financial sector, should help sustain domestic demand momentum over the medium term.

This policy support is seen as crucial at a time when external uncertainties continue to pose risks to global growth.

It stated "Supportive fiscal a...