SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

India’s GDP growth likely to slow to 6.6% in FY27 on weaker investments, consumption growth: BMI

11 Jun 2026 Evaluate

BMI, a Fitch group company, has said that India's Gross Domestic Product (GDP) growth is likely to slow to 6.6% in the current fiscal (FY27) as compared to 7.7 per cent in FY26. It said the slowdown could be driven by weaker investments and consumption growth along with trade-related disruptions stemming from the West Asia crisis. BMI's forecast is in line with the Reserve Bank of India's (RBI) projection of 6.6% growth for FY27. 

BMI attributed the expected moderation in growth rate this fiscal to three factors. First, the impact of last year's GST reforms on domestic consumption is likely to fade. Second, higher price inflation which BMI expects to hit 5.3 per cent in FY27 will hinder consumption growth amid disruption at Strait of Hormuz. Thirdly, BMI expects investment growth to slow during the fiscal year. It said ‘this slowdown is not due to our new forecast of accumulative 50 basis points (bps) rate hike by the RBI in FY27, since the effect on growth will primarily be felt during FY28’. 

BMI expects the rupee to trade at around 95.1 against the US dollar during the current calendar year. It said the currency's depreciation from its 87 average level in 2025 will support export competitiveness, and help offset some of the economic impact arising from the Iran conflict's terms-of-trade shock. It said the GST reforms implemented in September 2025 caused a consumption boom in December quarter FY26. Thereafter, consumption growth fell by 1.1 percentage points to 7.1 per cent y-o-y in March quarter FY26.  


About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: