Global ratings agency Moody’s Ratings raised its forecast for India’s real GDP growth to 6.5 % annually through 2027, citing robust infrastructure spending, resilient consumption and exporters’ success in diversifying markets. The improvement comes despite heavy U.S. tariff exposure, with Indian exporters redirecting shipments after facing 11.9 % drop in U.S. trade in September. Investment by the private sector remains cautious but the broad domestic base supports expansion. India is expected to remain the fastest-growing major economy among the G20 in the coming years.