India growth to soften in near term, rebound later: Nomura
- Posted on April 27, 2026
- By Business News Today
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- 1 min read
Nomura's latest economic assessment indicates India's growth trajectory will experience a temporary deceleration throughout the first half of fiscal year 2027, primarily driven by supply chain constraints affecting key sectors. Despite near-term headwinds, the nation's robust underlying demand fundamentals position it for a meaningful recovery in the second half. With an anticipated full-year GDP expansion of 6.8%, India remains resilient. Favorable monetary conditions and diminishing global trade frictions provide tailwinds, though geopolitical tensions in the Middle East warrant careful monitoring as potential risk factors.
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