Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 21st May, 2026: ITC Limited has said India’s macroeconomic outlook remains “relatively resilient”, with the economy projected to grow at 6.9 per cent in FY27 despite risks arising from the ongoing conflict in West Asia and the possibility of El Niño weather conditions.
Referring to estimates by the Reserve Bank of India, ITC said the Indian economy is well-positioned for strong medium-term growth.
The company highlighted several structural growth drivers, including India’s favourable demographic profile, rising affluence, rapid urbanisation, increasing digital adoption and improved infrastructure and connectivity.
ITC also noted that recent bilateral trade agreements being negotiated with countries and regions such as the United States, United Kingdom, European Union, New Zealand and Oman are expected to further strengthen India’s economic growth prospects and overall momentum.