India well-poised for rapid growth despite near-term risks from global conflicts: ITC

Business To Business, New Delhi, 26^th June, 2026:   ITC has projected that India's economy will remain well-positioned for sustained medium-term growth despite near-term challenges arising from geopolitical tensions and weather-related risks, with real GDP expected to expand by 6.9 per cent in FY27.
In its annual report, the company said India's economic outlook continues to be supported by favourable agricultural prospects, steady growth in the services sector, the government's continued emphasis on capital expenditure, and supportive monetary and financial conditions.
ITC also noted that recently negotiated bilateral trade agreements with the United States, the United Kingdom, the European Union, New Zealand and Oman are expected to strengthen India's long-term growth prospects by improving trade opportunities and economic cooperation.
According to the report, the combination of resilient domestic demand, infrastructure investment and a stable macroeconomic environment is expected to help the Indian economy navigate external uncertainties while maintaining a strong growth trajectory.
The company acknowledged that geopolitical developments and weather-related risks could pose short-term challenges but maintained that India's underlying economic fundamentals remain robust.
ITC's assessment reflects continued confidence in India's medium-term growth outlook, driven by policy support, improving trade linkages and sustained investment in infrastructure and key sectors of the economy.