India's strong GDP growth hides underlying fragilities. Economist Aurodeep Nandi warns that without boosting domestic demand and investing heavily in research and development, India risks falling into the middle-income trap. Current growth relies on top-tier consumption and services exports. Manufacturing and private investment lag. This structural shift is crucial for lasting prosperity.

India's economic growth is projected to slow to about 6.5 percent in fiscal year 2027. Higher costs, global tensions, and a potentially weak monsoon are key concerns. Despite…

India's GDP growth is forecasted to moderate to 6.5% in FY27, with risks from rising crude prices and a weak monsoon, though private spending and investments remain supportive.