India's impressive real growth performance may see a short-term setback, with growth projected to drop in FY27, EY said.
This is likely to be driven largely by exogenous factors, leading to supply bottlenecks and price shocks affecting many sectors, it said in its Economy Watch.
EY expects India's FY27 budgeted fiscal deficit at 4.3 per cent of GDP to be either realised or marginally exceeded.
