India FY27 GDP growth seen at 6.7% as Morgan Stanley lifts forecast despite West Asia risks

Crude oil assumptions are changing the outlook quietly

Morgan Stanley has raised its India FY27 GDP growth forecast to 6.7% from 6.2%, even as it flags uncertainty tied to the ongoing West Asia crisis. The revision also reflects updated assumptions, including average crude oil prices of about $95 per barrel in FY27, underscoring how energy costs could shape India’s next-year momentum.