India remains fastest-growing economy in G-20: Moody's forecasts 6.5% growth in economy by 2027; US tariffs will have no impact.
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According to the report, India's economy will remain strong despite high US tariffs and global uncertainties.
US tariffs will not have any impact on the Indian economy
Despite the 50% US tariff, Indian exporters have successfully found new markets. India's total exports grew by 6.75% in September, while exports to the US fell by 11.9%.
Moody's in its "Global Macro Outlook 2026-27" report said that India's growth will be supported by strong infrastructure investment, domestic consumer demand and export diversification. These factors will keep the economic momentum strong.
What is the G-20 Group?
The G-20, or Group of Twenty, is an informal group of the world's 20 largest economies, formed to discuss and find solutions to global economic issues.
It was formed in 1999 as the Financial Stability Forum, but after the 2008 global financial crisis, it was renamed the G-20 Summit from 2009 so that major countries could collaborate on issues such as inflation, trade, climate change and development and stabilize the global economy.
It consists of 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States. The European Union (EU) is also a member, and together they account for 85% of the world's GDP and 75% of global trade.
What is GDP?
GDP is used to track the health of an economy. It reflects the value of all goods and services produced in a country during a specific period. It also includes production by foreign companies operating within the country's borders.
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