Deloitte India expects India's economy to expand 7.1-7.3 per cent in FY 2026-27, supported by sustained private investment as an additional source of demand. GDP growth is projected at 6.6-7 per cent in FY 2027-28, while gross fixed capital formation rose 11.9 per cent in the first quarter of FY27. Geopolitical tensions, volatile energy prices and trade disruptions remain key risks.