Moody’s Investors Service has projected the GDP growth rate of the Indian economy as follows:
- India’s GDP growth rate prediction for FY22 as per Moody’s : 9.3%.
- India’s GDP growth rate prediction for FY23 as per Moody’s : 7.9%.
In terms of Sovereign ratings, Moody’s has estimated a ‘Baa3’ rating on India with a negative outlook. The economy rebounded quickly from a steep contraction in 2020.
