Goa, July 4 -- IN SHORT

India's economy is expected to grow between 6.4% and 6.7% in the financial year 2026-27, driven largely by strong domestic demand, according to Confederation of Indian Industry (CII) President Rajiv Memani. Speaking at a press conference in New Delhi, Memani said India continues to outperform major global economies such as China, the UK, the US, and the Euro area, highlighting the country's resilience amid global uncertainties.

CII's outlook aligns with forecasts from global institutions. Morgan Stanley has projected India's GDP to grow at 6.5% in FY27, citing solid policy backing, domestic demand strength, and a broad recovery in consumption. The IMF and other agencies also maintain a similar view, reinforcing I...